Crypto prices stabilize after plunging on SEC crackdown jitters

Crypto prices are showing signs of stabilizing after a market sell-off last week sparked by the SEC’s lawsuits against Binance and Coinbase. Crypto prices are showing signs of stabilizing Monday after a sharp market sell-off last week sparked by the U.S. Securities and Exchange Commission suing Coinbase and Binance for securities violations.

Crypto’s insecurity complex

The crypto industry purports to be decentralized. That word implies many things, including the idea that cryptocurrencies are financial instruments free from the control of governments or central banks.