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Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

The regulator issued Coinbase a Wells notice on Wednesday, informing the company that it is planning future enforcement action against it.

Updated May 9, 2023, 4:11 a.m. Published Mar 23, 2023, 1:45 p.m.
Coinbase CEO Brian Armstrong (CoinDesk)
Coinbase CEO Brian Armstrong (CoinDesk)