SEC drops civil enforcement case against later-disclosed ballroom donor Coinbase
Reporting and findings
- documented
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
Summary and current status
SEC announced joint stipulation of dismissal
People and organizations
- 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