Coinbase Sued Alongside DerivaDAO (DDX) And Rally (RLY)

Coinpedia
Coinpedia

30 Jun 2023 1:05 PM

The intense regulations and scrutiny by the US Security and Exchange Commission (SEC) have led them to sue US largest Exchange, Coinbase, for trading...

  • The US SEC has sued Coinbase for trading unregistered securities, including DerivaDAO (DDX) and Rally (RLY).
  • Uwerx, a new platform in the freelancing industry, is gaining popularity with its innovative features and benefits for token holders.
  • Uwerx has launched its Alpha version with ten features and plans to transition to the Beta version soon.
  • The WERX token has seen a significant increase in value, providing profits for early users.
  • The Uwerx team has implemented measures to ensure transparency and prevent rug pull.
  • DerivaDAO (DDX) has struggled to perform well after being listed as an unregistered security by the SEC.
  • Rally (RLY) is planning to shut down as a result of regulatory challenges.

Overall, the sentiment in the article is mixed. The SEC's actions against Coinbase and the listing of DerivaDAO and Rally as unregistered securities have a negative impact. However, the introduction of Uwerx and its innovative features, as well as the success of the WERX token, bring a positive sentiment.

Go to publisher site

You May Ask

Which exchange is being sued by the SEC for trading unregistered securities?What are some of the innovative features of Uwerx?How has the WERX token performed in terms of value?Why is DerivaDAO struggling in the market?What is the reason behind Rally's plan to shut down?

Suggested Reads