Coinbase CLO Expresses Frustration Over SEC’s Objection to Celsius Partnership

Chief Legal Officer at Coinbase, Paul Grewal, shared his frustration about the U.S. Securities and Exchange Commission (SEC) objecting to their engagement with Celsius, the bankrupt crypto lender platform. Recently, Celsius proposed to engage Coinbase as a distribution agent for international customers and sought the court’s approval of the Coinbase agreements. Grewal stated that Coinbase...