The Battle for Coinbase with the SEC is in the Final Straight! - Coinleaks
Current Date:September 21, 2024

The Battle for Coinbase with the SEC is in the Final Straight!

Coinbase chief legal officer Paul Grewal made striking statements by referring to the concept of time regarding the SEC case.

U.S. Securities and Exchange Commission ( SEC) The struggle continues between crypto exchanges and crypto exchanges. in the past weeks coinbase had submitted a petition to the SEC about the events at the time. But The SEC’s silence on this petition, Coinbase’s side has been increasingly heated. The failure to respond to the petition in any way pushed Coinbase to new moves. Striking statements came from Coinbase, which filed a lawsuit regarding this attitude of the SEC. Coinbase chief legal officer Paul Grewal cited information about the litigation process, prompting the SEC to respond to Coinbase’s order. front daystated that.

Last Ten Days

In July of 2022, Coinbase to the SEC submitted a petition. The petition demanded that the SEC propose clear and solution-oriented rules on crypto. However, the SEC did not respond to this petition. The SEC’s pressure on crypto exchanges and Coinbase’s failure to respond to this issue made things more serious.

The latest blow to the chain of events came from Grewal. Grewal noted that the SEC has ten days to respond to Coinbase complaints. In the turbulent crypto market, news feeds have become even more important. Not only users who have investments in Coinbase, but also many crypto investors are following the results of this event.