Tag: Paul Grewal

Coinbase in regulatory troublesU
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March 23, 2023

U.S. Crypto Exchange Coinbase Faces Existential Regulatory Issues!

Coinbase, a public-listed U.S. crypto exchange, has troubles with the U.S. Securities and Exchange Commission (SEC), which has threatened to sue Coinbase over some of the crypto exchange's products. The regulator gave Coinbase a Wells notice, typically one of the final steps before the SEC formally issues charges. The SEC qualifies some of the company's assets and services as securities, including its staking services.
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SEC insider investigation into CoinbaseS
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July 26, 2022

SEC Investigation – Is Coinbase Listing Unregistered Securities?

As reported by FinTelegram last week, the U.S. SEC announced insider trading charges against a former Coinbase product manager and two other people. The U.S. DOJ announced the arrest of these individuals. According to Barron's, the case "hinges on a subtle but critical" question of whether some cryptocurrencies listed on Coinbase are actually securities. Consequently, the U.S. Securities and Exchange Commission (SEC) launched a respective probe into Coinbase, Bloomberg reported.
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Coinbase and its conflict of interest in listing of new tokens for tradingF
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January 29, 2022

Financial Times exposes strange Coinbase business practices!

A Financial Times analysis found that Coinbase has listed at least 20 crypto tokens for trading while holding an investment in a related project. However, Coinbase disclosed only 12 as holdings of its in-house investments arm, Coinbase Ventures. Andreessen Horowitz, one of Silicon Valley’s leading venture capital firms, is an early investor in Coinbase and holds a seat on the company’s board. The VC firm has also invested in at least a dozen projects whose tokens later gained approval to trade on Coinbase.
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