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SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Feb 21, 2025, 5:47 p.m. Published Feb 21, 2025, 12:58 p.m.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk) — CEO Brian Armstrong's Coinbase is poised to score one of the biggest crypto legal victories against the SEC in industry history. (CoinDesk)