Coinbase says it strongly believes US SEC investigation should not continue

Description

Coinbase has stated it “strongly believes” the SEC investigation into its historical user metrics should end. The company says the metric in question was fully disclosed and dropped over two years ago.

Publish date

May 15, 2025

Publisher

Reuters

Web archive URL

https://archive.is/daCcY

Web URL

https://www.reuters.com/sustainability/boards-policy-regulation/coinbase-says-it-strongly-believes-us-sec-investigation-should-not-continue-2025-05-15

Referenced by

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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The SEC is reportedly investigating Coinbase

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News story

Coinbase (COIN.O), said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not continue.

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