Odd Lots
What Brian Armstrong Said When Asked If Coinbase Lists Securities
“We have to follow a rule of law, so does the SEC.”
Brian Armstrong, chairman and chief executive officer of Coinbase Global Inc., during an interview in New York, US, on Wednesday, March 1, 2023.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Today the US securities watchdog has sued Coinbase for “operating as an unregistered securities exchange, broker, and clearing agency.”
As part of the complaint, the Securities and Exchange Commission alleges that multiple tokens on the Coinbase Global Inc. platform are unregistered securities.