The tokens mentioned in the SEC lawsuit against Coinbase are experiencing a significant drop in value, with VGX being the most affected. The lawsuit accuses Coinbase of violating federal securities law and operating as an unregistered broker, exchange, and clearing agency simultaneously.
The tokens listed in the lawsuit include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, ICP, VGX, NEAR, NEXO, FLOW, and DASH. This comes after a similar lawsuit was filed against Binance the day before.
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