Coinbase Wells Notice 2025. The wells notice to coinbase came on the same day the sec sued tron founder justin sun for the sale of unregistered, securities among other charges. While acknowledging that the wells notice “is not a formal charge or lawsuit,” the company said “it can lead to one” and outlined several areas of sec focus including operating.
In february 2023, the sec settled with coinbase’s rival kraken over its staking program and issued a wells notice to paxos trust co. The crypto exchange unleashed the latest salvo against the regulator in an arguably existential battle over coinbase’s business model.