Coinbase, Kraken Under Investigation By U.S. Regulators: Report Today

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  • Coinbase is reportedly under investigation by the SEC.
  • The investigation is meant to determine if the company listed cryptocurrencies that should have been considered securities.
  • Kraken reportedly is under investigation by the U.S. Treasury Department for violating sanctions.

Scrutiny over cryptocurrency exchanges from U.S. regulators is growing by the day.

Coinbase Global Inc., ($COIN) is facing a probe from the Securities and Exchange Commission (SEC) following recent charges being brought against a former product manager of the company for insider trading.

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