Wells Notice news and trends

Coinbase Says It’s Ready for Litigation With SEC, but Prefers Dialogue
Cryptocurrency // April 27, 2023

Coinbase said it is committed to working with regulators to make the crypto industry “safe and trusted.” This statement was part of a written submission and video the crypto exchange addressed to the Securities and Exchange Commission (SEC) and shared online Thursday (April 27). The...

Coinbase Becomes Second Crypto Firm to Receive SEC Wells Notice
Cryptocurrency // March 22, 2023

Popular U.S.-based crypto exchange Coinbase may soon find itself in hot water with federal regulators. The company’s CEO, Brian Armstrong, announced on Twitter Wednesday (March 22) that the exchange has received a Wells notice from the U.S. Securities and Exchange Commission (SEC) tied to Coinbase’s...

Quick Reads
Robinhood Crypto Target of Potential SEC Enforcement

May 06, 2024
Robinhood’s cryptocurrency business could become the target of regulatory action. The trading platform said Monday (May 6) that it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) staff indicating they will recommend that the commission take enforcement action against the company. “After years of good faith attempts to work with the SEC for regulatory clarity including […]

Coinbase Says It’s Ready for Litigation With SEC, but Prefers Dialogue

April 27, 2023
Coinbase said it is committed to working with regulators to make the crypto industry “safe and trusted.” This statement was part of a written submission and video the crypto exchange...

Coinbase Becomes Second Crypto Firm to Receive SEC Wells Notice

March 22, 2023
Popular U.S.-based crypto exchange Coinbase may soon find itself in hot water with federal regulators. The company’s CEO, Brian Armstrong, announced on Twitter Wednesday (March 22) that the exchange has...