Coinbase CEO: Prepared for a multi-year legal battle with the U.S. SEC

ChainCatcher news, according to CNBC, Coinbase CEO Brian Armstrong stated that Coinbase is preparing for a years-long court battle with the U.S. Securities and Exchange Commission (SEC). Brian Armstrong described the issuance of the Wells notice as "regrettable" and indicated that the company has not received more information regarding the specific issues involved with the SEC.

ChainCatcher previously reported that last month, Coinbase received a Wells notice from the SEC, focusing on staking services and asset listings. (source link)