SEC agrees to dismiss case against Coinbase in principle, subject to Commissioner approval
Article
Authors
James Hunt
Publish date
Feb 21, 2025 - 12:00am
Publisher
The Block
Web URL
https://www.theblock.co/post/342603/sec-agrees-to-dismiss-case-against-coinbase-in-principle-subject-to-commissioner-approval
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Coinbase announced the SEC's agreement in principle to dismiss its case
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Grewal warned there was still work to do, however, saying legislation was critical to avoid such cases in the future.
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Meanwhile, Coinbase CEO Brian Armstrong said it was told to expect the SEC Commission's approval of the dismissal next week. Armstrong described the news as "hugely vindicating," especially as many had questioned his decision to engage in litigation with the SEC on the matter since 2023.
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