US securities regulator to drop lawsuit against Coinbase, firm says
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
SEC’s “scorched-earth” lawsuit against Coinbase to be dropped, company says
According to Coinbase chief legal officer Paul Grewal, the US Securities and Exchange Commission (SEC) plans to drop its lawsuit against the largest US cryptocurrency exchange, as the agency shifts to embrace Donald Trump's new approach to regulating cryptocurrency in the US.
SEC Staff Has 'Agreed in Principle' to Drop Lawsuit Against Coinbase, Company Says
"And after millions in legal costs and fees, countless employee hours, and years of protracted litigation, we have successfully protected our customers’ rights, and held the SEC accountable," Coinbase said Friday.
SEC, Crypto and Cyber Unit
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2don MSN
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