Chief legal officer Paul Grewal called it “a holdover investigation” and noted the company ceased using the metric over two years ago, according to the NYT.
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SEC continues Coinbase investigation over ‘verified users’: report
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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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