SEC drops civil enforcement case against later-disclosed ballroom donor Coinbase
Entities and roles
- Coinbase GlobalDefendant benefiting from dismissal
- Donald J. TrumpPresident during SEC dismissal
Relationships in this file
- Donald J. Trumpadministration's SEC moved to dismiss enforcement actionCoinbase Global
Claims and evidence
- factdocumented
The SEC announced a joint stipulation to dismiss its civil enforcement action against Coinbase on February 27, 2025. It attributed the decision to its changing crypto regulatory approach, explicitly not to an assessment of the claims' merits.
- U.S. Securities and Exchange Commission: SEC Announces Dismissal of Civil Enforcement Action Against CoinbaseOpening paragraph and explanation of dismissal