Several hours after suing Binance and its founder Changpeng Zhao, the US Securities and Exchanges Commission (SEC) unveiled a similar case against its rival, Coinbase.
The complaint, filed against two entities (Coinbase and Coinbase Global), is already available on line.
Minutes after the news broke, bitcoin (BTC) plunged to $25,500.
It is a story of rupture. It will be updated shortly.