Mike Novogratz: Lawsuits against Binance and Coinbase could drag on

The CEO of cryptocurrency company Galaxy Digital Mike Novogratz believes that the lawsuit against the largest bitcoin exchanges could drag on for a long time.
At the same time, he noted that the Securities and Exchange Commission (SEC), which initiated the proceedings against Binance and Coinbase, did not recognize bitcoin and ether as securities.
Leading blockchains and their underlying digital assets – Cardano, Polygon, Solana and others – were included in this asset category. But BTC and ETH were not on the list, as well as the USDC stabelcoin.

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