Federal regulators threaten Coinbase with lawsuit, CEO says

Published September 8, 2021 5:02pm ET



The CEO of cryptocurrency exchange platform Coinbase says the Securities and Exchange Commission said it was planning to sue the company over a lending program.

Co-founder and CEO Brian Armstrong revealed the possible legal action in a lengthy series of tweets that began by accusing the regulator of “really sketchy behavior” over the past few months in the lead up to Coinbase Lend’s release.

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