Coinbase Is About to Be Sued By the SEC
Too Long; Didn't Read
Coinbase has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding potential violations of securities law. The company stated in their blog post that “Coinbase products and services will continue to operate as usual”, to let customers know that nothing is changing at the moment. “Tell us the rules and we will follow them,” said CEO Brian Armstrong.