Coinbase and Binance settlement with SEC is a good idea, analyst says
Fineqia International’s Matteo Greco comments on Bittrex’s $24 million SEC settle ment, drawing parallels with ongoing cases involving crypto giants Coinbase and Binance. Bittrex’s recent $24 million agreement with the SEC mirrors the one currently involving Coinbase and Binance, according to Fineqia International’s Matteo Greco. In two separate lawsuits, the SEC alleges that both Coinbase and Binance broke securities laws. Greco offers his take on how each company should proceed and whether the Ripple Labs outcome bodes well for the two crypto exchanges. You might also like: SEC appeal a bust? Judge’s ruling will favor XRP, crypto attorney predicts Bittrex resolved charges that it was offering U.S. investors access to unregistered securities. Should Coinbase do the same? Greco : Settling with the SEC is always a good idea when possible. It allows you to avoid years of lawsuits and uncertainty in the business. Ripple Labs showed how much the lawsuit has i...