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securities

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Coinbase Wells Notice from SEC
March 22nd, 2023 - 09:41 GMT

SEC warns Coinbase of potential securities charges

ALBAWABA — The Securities and Exchange Commission on Wednesday issued cryptocurrency exchange Coinbase a Wells Notice that the agency uses to inform companies that they are facing imminent legal action for violating United States securities laws. The company disclosed the issuance to shareholders in an 8-K filing and in a blog post, titled “We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead”. “Based on ...
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