Coinbase case officially dropped by SEC
Name
Coinbase case officially dropped by SEC
Description
The Block reports that the US SEC has requested to dismiss its case against Coinbase with prejudice, ending the investigation that began in June 2023.
Publish date
1:12pm, Thursday, February 27, 2025
Referenced by
SEC officially dismiss its case against Coinbase
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News story
The agency alleged that Coinbase had violated U.S. securities laws by merging three functions typically kept separate: brokers, exchanges and clearing agencies
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Quote
Last week, Coinbase said the agency planned to dismiss its case against one of the largest crypto companies in the U.S. "SEC staff has agreed in principle to dismiss its unlawful enforcement case against Coinbase, subject to Commissioner approval
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