The s c has issued a wells notice informing the company that the regulatory body will take legal action coin base launches the crypto lending platform called lend. According to coin base, in a blog post by their chief legal officer, awell's notice is an official way of letting company know that a regulatory plans to sue the company. A brian armstrong did a long tweat storm last night about this, which sort of set twitter on fire. And he used some pretty charged language. It's kind of confusing, and hopefully our guess will clarify it for us. We don't have the whole story here, so what you'll see is the press will make all kinds of sensational headlines around this