This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully disclosed to the public," Paul Grewal, the crypto exchange's chief legal officer
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Coinbase says it strongly believes US SEC investigation should not continue
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Paul Grewal, chief legal officer of Coinbase, has publicly dismissed the SEC investigation as a holdover from the previous administration and stated the company was transparent about discontinuing the "verified users" metric over two years ago
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