I don't think this is the same as FTX, the issue at hand is that staking is presented as unregulated investments. Functioning as an exchange is still allowed.
I believe Gemini is the one that was already punished for this, and of course Coinbase tried to do this but was stopped on the blocks.
I believe Gemini is the one that was already punished for this, and of course Coinbase tried to do this but was stopped on the blocks.