08-05-2023 16:44 via news.slashdot.org

Coinbase CEO says SEC is on 'lone crusade,'

The CEO of cryptocurrency exchange Coinbase, Brian Armstrong, doubled down on his criticisms of the U.S. Securities and Exchange Commission chief Gary Gensler Monday, but added the exchange would not leave the U.S. despite the regulatory uncertainty the company is facing in the country. From a report: The SEC earlier this year served Coinbase with a Wells Notice, a letter that the regulator sends to a company or firm at the conclusion of an SEC investigation that states the SEC is planning to br
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