Tag: Paul Grewal

In a seismic shift that’s rocking the financial world, the U.S. crypto industry is no longer playing defense—it’s launching an all-out offensive against the U.S. SEC., fueled by the Trump administration’s sudden crypto-friendly pivot. Just months into Donald Trump’s second term, the SEC has shockingly withdrawn its barrage of lawsuits against major players like Coinbase, Kraken, Gemini, and Uniswap Labs, signaling a dramatic retreat from the regulatory chokehold.

Coinbase, the leading U.S. crypto exchange, has filed a Freedom of Information Act (FOIA) request to uncover the full extent of the U.S. Securities and Exchange Commission's (SEC) spending on crypto enforcement actions13. The request, submitted on March 3, 2025, aims to shed light on the SEC's activities between April 17, 2021, and January 20, 2025.

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase in June 2023, alleging that the crypto exchange operated as an unregistered securities broker and exchange. However, recent developments indicate that the SEC has agreed in principle to drop the case, as confirmed by Coinbase Chief Legal Officer Paul Grewal.

The leading US crypto exchange Coinbase has sharply criticized the U.S. Commodity Futures Trading Commission's (CFTC) recent proposed rulemaking seeking to ban certain political event contracts, arguing that the move would unjustifiably stifle a burgeoning area of the economy. In a statement posted on X, Paul Grewal, Coinbase's Chief Legal Officer, emphasized the potential of event markets within the future economy and expressed concern over the CFTC’s approach.

In the ongoing legal battle between the leading U.S. crypto exchange Coinbase and the Securities and Exchange Commission (SEC), the crypto exchange has renewed its efforts to access the personal emails of SEC Chair Gary Gensler. Coinbase asserts that these communications are a crucial part of the discovery process. The argument is that Gensler's communications and views on cryptocurrencies as SEC Chair are essential to its "fair notice" defense.

Coinbase, the leading U.S. crypto exchange, is embroiled in a significant legal battle with the U.S. Securities and Exchange Commission (SEC). According to Coinbase's Chief Legal Officer (CLO) Paul Grewal, this dispute represents not just a legal challenge but a pivotal moment for the 52 million Americans who own crypto Among other things, the SEC accuses Coinbase of enabling trading in security tokens on its platform without proper registration.

For years, the U.S. crypto scene has been battling what it sees as outdated laws and regulatory requirements that no longer apply to the new technological environment. The Tornado Cash case is seen as a prime example of this situation. Coinbase's Chief Legal Officer, Paul Grewal, has openly criticized the U.S. Treasury's approach to sanctioning the crypto mixer. According to Grewal, the U.S. Treasury is "bending old laws past their breaking point" in its efforts to control this technology.

In a move that has sparked a firestorm of controversy and accusations of deep-rooted corruption, the U.S. Department of Justice (DOJ) has dropped a bombshell: no second trial for the infamous FTX founder, Sam Bankman-Fried (SBF). This decision to let SBF off the hook for additional charges, including those tied to campaign finance, reeks of a miscarriage of justice, sending shockwaves through the crypto community and beyond.

On December 15, 2023, the U.S. Securities and Exchange Commission (SEC) rejected a petition for rulemaking filed on behalf of Coinbase, affirming the application of existing laws and regulations to crypto securities markets. The Commission’s decision, backed by three key reasons, highlights the SEC's stance on maintaining strict regulatory oversight in this domain. Coinbase plans to seek a review of the SEC's denial.

The U.S. crypto exchange Coinbase announced that it has named Ireland its primary regulatory and operational hub within the EU. This revelation emerged from an exclusive conversation the company had with CNBC. The San Francisco-based crypto giant has maintained a presence in Dublin since 2018 and currently houses around 100 staff members in Ireland.

The U.S. SEC has raised concerns over the reorganization plans of the collapsed crypto scheme Celsius Network, citing its ongoing legal battle with crypto exchange Coinbase. On September 22, the SEC voiced its reservations to the U.S. Bankruptcy Court regarding Celsius' fourth restructuring proposal. Coinbase Chief Legal Officer Paul Grewal took to Twitter to publicly challenge the SEC's view.

The U.S. Securities and Exchange Commission (SEC) charged crypto exchange operator Coinbase last week, accusing it of violating the U.S. securities law. The crypto company has filed an official request in federal court after facing vague responses from the SEC. Paul Grewal, Chief Legal Officer for Coinbase, took it to Twitter, expressed concern about the government's defiance of a federal court's direct question, and criticized the SEC's evasive response.