Coinbase Says SEC Will Dismiss Lawsuit Against Company Next Week

Coinbase said Friday (Feb. 21) that Securities and Exchange Commission (SEC) staff have agreed in principle to dismiss the agency’s enforcement case against the cryptocurrency company, subject to commissioner approval.“We’ve always maintained that we were right on the facts and the law, and today’s announcement confirms that this case should never have been filed in the first place,” Coinbase Chief Legal Officer Paul Grewal wrote in a Friday blog post. “This is a victory not just for Coinbase, but for our c ...