According To The SEC, Coinbase Going Public Was Not A “Blessing” For The Company

The Securities and Exchange Commission (SEC) argued that just because it approves a company’s S-1 filing does not mean the company is or will not be operating in “violation of the law.” In court, the Securities and Exchange Commission (SEC) has argued that approving a company’s S-1 application to go public is neither a “blessing” from the agency nor a confirmation that the company complies with regulations. According to court documents from the SEC v. Coinbase pre-motion hearing, the SEC claimed that it did not approve of Coinbase’s business structure when it granted the company permission to go public in The post According To The SEC, Coinbase Going Public Was Not A “Blessing” For The Company appeared first on Cryptoknowmics-Crypto News and Media Platform .