⚖️ Settlement of a lawsuit between Coinbase and the U.S. Securities and Exchange Commission
Coinbase announced a legal settlement under the Freedom of Information Act (FOIA) with the U.S. Securities and Exchange Commission (SEC). Paul Grewal, Chief Legal Officer at Coinbase, revealed this development in an op-ed article published by The Wall Street Journal, indicating that the settlement relates to records sought by the exchange from the agency.
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📊 Impact: 📈 High
🏷️ REGULATION
#Coinbase #SEC #FOIA #LegalSettlement #CryptoRegulation
🔗 Source: https://www.channelnewsasia.com/business/us-sec-settles-foia-lawsuit-coinbase-over-lost-messages-wsj-op-ed-says-6270846