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SEC lawsuits against cryptocurrency companies raise questions about industry's future The US 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. Coinbase swings to quarterly loss as crypto winter hits trading volume The digital assets market suffered from dour sentiment over the last year, but the biggest blow to the sector came from the bankruptcy of Sam Bankman-Fried's major crypto exchange FTX in November. Former UK chancellor joins cryptocurrency exchange advisory council as it faces regulatory scrutiny.
