Nasdaq-listed cryptocurrency exchange Coinbase is facing a probe from the U.S. Securities and Exchange Commission (SEC) into whether it improperly let its users trade digital assets that should have been registered as securities.
Electric car maker Tesla has made a $64 million profit from the sale of 75% of its Bitcoin holdings in the second quarter of the year, while still posting a $170 million impairment loss over the sale.
Binance CEO Changpeng “CZ” Zhao is suing the publisher of Bloomberg Businessweek’s Hong Kong edition, Modern Media CL, over claims a translated Chinese language title portrayed the crypto exchange chief as running a “Ponzi scheme.”
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Top stories in the Crypto Roundup today:
- SEC Probes Coinbase Over Crypto Listings
- Tesla Makes $64 Million Profit on Bitcoin Sales
- Binance CEO Sues Bloomberg Businessweek For Defamation
- Chart of the Week: Bitcoin Whale Withdraws From Coinbase Wallet
- Sponsored: Nexo - Unleash the Power of Your Crypto