U.S. SEC Ends Financial Investigation of Coinbase

Source
Uk Jin

Summary

  • The U.S. Securities and Exchange Commission (SEC) has reportedly ended its financial investigation of Coinbase.
  • The investigation lasted for two years, and there were no additional requests for data submission or explanations.
  • It was reported that the conclusion of the SEC investigation could resolve uncertainties regarding Coinbase for investors.

The U.S. Securities and Exchange Commission (SEC) appears to be concluding its investigation into companies related to virtual assets (cryptocurrency). This time, it has ended its financial investigation of Coinbase.

On the 15th (local time), Paul Grewal, Coinbase's Chief Legal Officer (CLO), announced via X (formerly Twitter) that "the SEC's financial investigation of Coinbase, which has been ongoing for two years, has effectively ended," and "there were no additional requests for data submission or explanations from the SEC."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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