# The SEC Comes For Crypto!

An episode of [Patrick Boyle On Finance](https://invisiblenetwork.ai/podcast/1547740313), 9 Jun 2023, 25 min.

Audio: https://anchor.fm/s/fc0914e0/podcast/play/92762004/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-9-8%2F387759774-44100-1-f864b3441e3379ac.mp3

Send us a textThis week, the US Securities and Exchange Commission (SEC), filed lawsuits against Binance and Coinbase, two of the world’s biggest crypto exchanges, on which investors buy and trade a large offering of cryptocurrencies. The SEC’s main allegation against Coinbase is that it’s running an unregistered securities exchange — like if the Nasdaq independently operated without any regulatory oversight. Binance faces the same charge, as well as additional accusations that it appropriate...

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