Since Gary Gensler became Wall Street’s top cop two years ago, his message to cryptocurrency companies has been consistent: He would do all it takes to tame a world he likens to “the Wild West.”
This week, he delivered on that threat, big time.
The Securities and Exchange Commission unveiled a barrage of charges against two of the world’s largest crypto exchanges — Coinbase and Binance — kicking off a legal battle that will help define the future of cryptocurrencies.
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