🔥Multiple major exchanges are being targeted in significant litigation and regulatory actions.
💼Coinbase is facing major legal issues after a complaint from the SEC.
⚖️Binance is under scrutiny for alleged violations, including commingling of user funds and wash trading.
💸Eleven states have issued cease and desist orders against exchanges for selling unregistered securities.
🌩️The legal battles highlight the need for clearer regulations in the crypto space.