Research, Legal

Coinbase Global, Inc. (COIN) Quick Take on SEC Wells Notice

Nicholas Rodelli, JD, Head of Legal Research
Michael Gordon, JD, Legal Edge Analyst
23 March 2023


In a development that seemed a long time coming, after the close today, Coinbase disclosed in a Form 8-K that the staff of the SEC provided Coinbase a Wells Notice, indicating that staff’s preliminary recommendation to the Commission to sue Coinbase for violations of the federal securities laws.

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