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Is Coinbase global facing the SEC?
Coinbase’s Face-Off With the SEC Just Got More Serious. Look Out for a Formal Probe. Coinbase Global has since last week appeared poised to clash with the Securities and Exchange Commission over an issue that could prove pivotal to the entire crypto industry—whether some tokens are, in fact, securities.Is the SEC probing the NFT market?
The SEC has been probing the NFT market broadly, including the crypto exchanges where they trade, Bloomberg News reported in March. As part of that review, the SEC is investigating so-called fractional NFTs, which involve breaking down the assets into units that can be easily bought and sold.Will the SEC keep securities off our platform?
“We are confident that our rigorous diligence process -- a process the SEC has already reviewed -- keeps securities off our platform, and we look forward to engaging with the SEC on the matter,” Chief Legal Officer Paul Grewal said on Twitter. The SEC declined to comment.Did SEC leak information to help a friend buy tokens?
Tensions bubbled up further July 21 when the SEC accused one of the company’s former employees of violating its insider-trading rules by leaking information to help his brother and a friend buy tokens just before they were listed on the platform.