Tag: Gerardo Aceves

U.S. crypto exchange Coinbase and its CEO Brian Armstrong are at the center of a new class action lawsuit. The lawsuit accuses them of deceiving investors by selling digital assets that are allegedly securities. The legal challenge, lodged in the U.S. District Court for the Northern District of California, San Francisco Division, claims that tokens such as Solana’s SOL, Polygon’s MATIC, and six others should be classified as securities.