The SOMA token is designed as a non-cumulative, participating preferred stock for SOMA.finance, offering the potential for a dividend payout of as much as 10% of its earnings.
The authorization establishes Coinbase as the pioneering crypto-centric platform to provide regulated and leveraged cryptocurrency futures in conjunction with conventional spot trading.
The company that operates bitcoin kiosks, along with its subsidiary Up Global, and the CEO of both entities have been accused of engaging in 'unregistered offers and sales of securities.'
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