Recently SEC was legally obliged to respond to Coinbase's writ of mandamus. Meanwhile, the regulator deleted a possible first-ever definition of digital asset from its rule and the exchange started an open letter to Congress to support pro-crypto legislation.

Coinbase announced the launch of a new platform called Coinbase International Exchange, which enables institutional users outside of the US to trade ethereum and bitcoin perpetual futures.

Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.

Hydrogen Technologies and its former CEO have been found guilty of market manipulation in a case brought by the SEC. The court ordered Hydrogen Corporation to pay damages of approximately $2.8 million.

The protracted legal dispute between Ripple, a California-based tech company, and the U.S. SEC has lasted for more than 28 months, prompting widespread speculation regarding the date of the final ruling. Ripple supporters suggest that the verdict may be announced by the end of April.

Tron TRX has been delisted by Binance.US amid rumors about the arrest of its founder. What's going on with Justin Sun?

Here comes a short update on the recent events connected to the two major CEXs and US regulators.

The US SEC charges Justin Sun and his companies for unregistered offers and sales of TRX and BTT, market manipulation of TRX, and undisclosed compensation to celebrities for promoting TRX and BTT.