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April 28, 2024

Coinbase's Standoff with SEC Echoes Across 52 Million American Crypto Portfolios, Claims CLO Paul Grewal

Amidst a landmark legal standoff with the SEC, Coinbase, a front-runner in the U.S. crypto marketplace, asserts that this confrontation reaches beyond the courtroom into the lives of 52 million crypto holders in the U.S., as stated by Paul Grewal, the company's Chief Legal Officer. The SEC's allegations suggest Coinbase allowed trades in unregistered security tokens.