Coinbase's Brian Armstrong and Paul Grewal suited up and spoke about the Wells notice it received from the SEC in a YouTube video.
Executives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on April 27, with chief legal officer Paul Grewal speaking at Consensus 2023 and appearing with CEO Brian Armstrong in a video released on YouTube.
At approximately the same time as the video appeared, Grewal was talking to an audience in Austin at Consensus 2023, where he said: Grewal attributed the SEC’s new view to FTX. He quoted SEC chair Gary Gensler as saying “I feel that we have enough authority, I really do, in this space.” FTX was “entirely dissimilar” to Coinbase, Grewal added.
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