Coinbase Settles SEC Lawsuit
This is a Fairshake news story, published by Verge, that relates primarily to Brian Armstrong news.
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Coinbase chief legal officer Paul GrewalVerge
•Business
Business & Economics
Coinbase says the SEC has agreed to drop its crypto lawsuit
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78% Informative
CEO Brian Armstrong called it “great news” in a post on X, saying it would be a full dismissal with no fines paid and no business changes.
The SEC argued that some crypto assets should be governed under securities laws, which firms like Coinbase opposed.
It gave over $75 million to Fairshake and other pro-crypto PACs in the last election cycle.
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