Paul Grewal, the Chief Legal Officer (CLO) of American crypto trading platform Coinbase Globase Inc., has debunked the claims that the exchange “hates Solana.” Directly responding to an X user who made the claims, Grewal noted that the exchange had spent millions to fight for the protocol.
Coinbase CLO and the Fight for Solana
According to Paul Grewal, Coinbase has spent millions of dollars to defend Solana against the United States Securities and Exchange Commission (SEC). Specifically, the markets regulator once argued that the sales of Solana and other altcoins on retail platforms are securities.
The Coinbase CLO also noted that he and his team “wake up every day thinking about how we defeat this outrageous attack.” He claims the trading platform’s legal steam will not stop its fight “because we believe in SOL.”
Huh? I’ve spent millions of dollars of @coinbase $ to defend SOL against an @SECGov lawsuit falsely accusing it of being a security. My team and I wake up
We współpracy z: https://coingape.com/coinbase-clo-debunks-solana-hate-allegations/
