It is crucial to avoid excessive confidence as, precisely one year ago, the initial week of June appeared to be a tranquil period lying ahead. The macroeconomic sphere presented a serene atmosphere, devoid of any noteworthy advancements pertaining to cryptocurrencies, giving the impression of a leisurely holiday week. Little did anyone suspect that while they slumbered, the Securities and Exchange Commission (SEC) remained wide awake. As the curtains rose on June 2023, the SEC unleashed a barrage of legal actions against the renowned exchanges, Coinbase and Binance. Those were truly exhilarating days. Stay up-to-date with the latest technology news by accessing NEWSLINKER.