The U.S. SEC has announced the dismissal of the civil enforcement action against Coinbase

2025-02-28 07:57:40

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ChainCatcher news, according to market news, the U.S. Securities and Exchange Commission (SEC) has announced the dismissal of the civil enforcement action against Coinbase (COIN.O).

The case dates back to June 2023 (two years after Coinbase went public), when the SEC sued Coinbase, accusing it of merging the three typically separate functions of broker, exchange, and clearinghouse, in violation of U.S. securities laws.

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