Cryptocurrency Q&A
Why did the SEC issue a Wells notice to Coinbase?
Why did the SEC issue a Wells notice to Coinbase?
mia_harrison_painter
Mon Nov 25 2024
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5 answers
1207
The SEC issued a Wells notice to Coinbase due to potential violations of securities laws. The notice allows Coinbase to provide additional information and arguments before the SEC decides whether to pursue formal legal action.
5 answers
Valentina
Wed Nov 27 2024
In March, the SEC served a Wells notice to Coinbase.
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Lorenzo
Wed Nov 27 2024
On May 4, the SEC was granted a 10-day period to respond to Coinbase regarding the allegations.
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Martina
Wed Nov 27 2024
The notice alleged that Coinbase had violated laws pertaining to its spot market operations.
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Bianca
Wed Nov 27 2024
Additionally, the SEC claimed that Coinbase's staking service was in violation of legal provisions.
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EmeraldPulse
Wed Nov 27 2024
The Coinbase Prime and Coinbase Wallet services were also cited in the Wells notice for potential legal breaches.
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