SEC v. Coinbase voluntarily dismissed event

Event · PageRank 0.0000

Overview

In February 2025 the SEC ended its enforcement action against Coinbase. Coinbase disclosed on February 21, 2025 that the agency had agreed in principle to dismiss the case; the SEC filed to dismiss on February 27, 2025, and on February 28, 2025 the parties jointly stipulated to dismissal with prejudice. The underlying suit, filed in June 2023, had alleged Coinbase operated as an unregistered securities exchange, broker and clearing agency and failed to register its staking-as-a-service program. Coinbase paid no fine and admitted no wrongdoing; the dismissal was part of a broader retreat from crypto enforcement by the SEC in early 2025.

Relations

No connections recorded for this entity in the DeFi Intel knowledge graph yet.

Frequently asked questions

When was SEC v. Coinbase dismissed?

Coinbase announced an agreement in principle on February 21, 2025, the SEC filed to dismiss on February 27, 2025, and the parties stipulated to dismissal with prejudice on February 28, 2025.

Did Coinbase pay a penalty?

No. The dismissal came with no fine imposed on Coinbase.

What had the case been about?

The SEC's June 2023 lawsuit alleged Coinbase operated as an unregistered securities exchange, broker and clearing agency, and failed to register its staking-as-a-service program.