---
title: "SEC sues Coinbase just hours after Binance"
url: https://diffcoin.com/sec-sues-coinbase-just-hours-after-binance/
description: "Several hours after suing Binance and its founder Changpeng Zhao, the US Securities and Exchanges Commission (SEC) has unveiled a similar case against its"
published: 2023-06-06
updated: 2023-06-06
author: "Mila"
site: "Diffcoin"
---

# SEC sues Coinbase just hours after Binance

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Several hours after suing Binance and its founder Changpeng Zhao, the US Securities and Exchanges Commission (SEC) has unveiled a similar case against its rival, Coinbase.

The complaint, filed against two entities (Coinbase and Coinbase Global), is already available online.

Minutes after the news came, bitcoin (BTC) plunged to $25,500.

![SEC sues Coinbase just hours after Binance - 1](https://crypto.news/app/uploads/2023/06/BTC_1D_graph_coinmarketcap-1024x570.jpeg)

Bitcoin price story | Source: CoinMarketCap

*This is a breaking story. It will be updated shortly.*

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[Source link](https://crypto.news/sec-sues-coinbase-just-hours-after-binance/)