https://apnews.com/article/cryptocurrency-sec-treasury-banking-binance-coinbase-53b0aaac91df229f28756e2fb8e7f846

WASHINGTON (AP) — First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits.

The U.S. Securities and Exchange Commission filed lawsuits last week against the world's biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.