SEC threatens to sue Coinbase over crypto yield program it considers a security By Cointelegraph

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SEC threatens to sue Coinbase over crypto yield program it considers a security

The United States Securities and Exchange Commission has reportedly threatened to sue Coinbase (NASDAQ:) over a crypto yield program it deems as a security.

Coinbase CEO Brian Armstrong tweeted on Wednesday that there has been some “really sketchy behavior coming out of the SEC recently” before launching into a 21 post thread detailing the SEC’s dealings with the firm.