Celsius

Coin

<ul class="news-points"> 
 <li><strong>The SEC has expressed objections regarding the engagement between Coinbase and Celsius.</strong></li> 
 <li><strong>Paul Grewal, Chief Legal Officer at Coinbase, has expressed his frustration with the SEC objections.</strong></li> 
 <li><strong>Michael Arrington, the founder of Arrington Capital, has stepped down from Celsius’ board of directors.</strong></li> 
</ul> 
<p>Chief Legal Officer at <a href="https://coinedition.com/tag/coinbase-news/">Coinbase</a>, 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.</p> 
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   <p lang="en" dir="ltr">Coinbase is proud to engage with Celsius to distribute crypto back to its customers. I wonder, why would the SEC object to a trusted US public company taking on this role?&nbsp; We look forward to addressing this with the bankruptcy court and undertaking our important role to make… <a href="https://t.co/5i1aJDiPXp" target="_blank" rel="nofollow">https://t.co/5i1aJDiPXp</a></p>— paulgrewal.eth (@iampaulgrewal) <a href="https://twitter.com/iampaulgrewal/status/1706351710887649491?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 25, 2023</a>
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<p>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 is proud to engage with Celsius to distribute crypto back to its customers.</p> 
<p>The SEC responded to these proposals and stated t…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/coinbase-clo-expresses-frustration-over-secs-objection-to-celsius-partnership/">Coinbase CLO Expresses Frustration Over SEC’s Objection to Celsius Partnership</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

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

Coin Edition

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