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Coinbase Sued By SEC | Casey Wagner

Forward Guidance

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Coinbase's Stock Opened Down to 11%

The Welles Notice mentions specifically Coinbase's wallet and earn product. The SEC has settled with several crypto exchanges and issuers over the years for relatively similar issues. It just depends on do investors think thatCoinbase has a shot at winning this if they fight it, which like we saw with Ripple could take years.

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