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

Coinbase has been on the rise in recent weeks, with its stock price nearly doubling in the days leading up to its direct listing on April 14th. However, the cryptocurrency exchange’s stock price plummeted recently after it disclosed that it had received a Wells notice from the U.S. Securities and Exchange Commission (SEC). A Wells… Continue reading Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’

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