Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’

American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission. In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing┬áregarding the matter, the company writes that the government agency’s staff has “advised the Company that … Continue reading Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’