Coinbase Leads Crypto Stocks Down as Binance Sued by CFTC

Coinbase Global Inc. and Marathon Digital Holdings Inc. are tumbling to session lows as Bitcoin falls after the US Commodity Futures Trading Commission sued the world’s largest cryptocurrency exchange Binance Holdings Ltd. for allegedly breaking trading and derivatives rules.

• COIN falls by as much as 9.5%, MARA dips by as much as 8.7%
  • Riot Platforms Inc. is lower by as much as 8% and MicroStrategy Inc. slides 5.3%
  • Hut 8 Mining Corp. slides by 7.5% and Hive Blockchain Technologies Ltd. is lower by 6%
• READ MORE: Binance and CZ Sued by CFTC Over Regulatory Violations
  • NOTE: Bitcoin Slides on New ...