Cryptocurrency News

Coinbase shares up 50% since SEC lawsuit



 

COIN
+3.16%

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Despite the Coinbase (NASDAQ:COIN) cryptocurrency exchange facing a securities violation lawsuit in the United States, the company’s stock has been on the rise recently.

Coinbase stock has added more than 50% to its value since the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against the firm for allegedly offering unregistered securities.

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