Bitcoin dips after Coinbase says SEC will dismiss lawsuit against the company
Bitcoin dipped 0.3% while Coinbase Global Inc. shares were mostly flat Friday morning, after the largest crypto exchange in the U.S. said that the Securities and Exchange Commission had agreed to dismiss a suit alleging that Coinbase operated in an unlawful manner.
SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered securities platform and brokerage.
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