Fighting the Regulatory Rugpull
The Breakdown
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Coinbase's Response to the SEC's Wells Notice
Coinbase has responded to the SEC's Wells Notice informing them of incoming enforcement action in a dramatic public fashion. On Thursday, Coinbase released a video putting forward their position on SEC crypto enforcement alongside a 73 page written response. CEO Brian Armstrong: "We are prepared to defend that position in court" Chief legal officer Paul Grewell explained his frustration at the lack of progress in engaging with regulators.
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