Coinbase Breaking Silence Again, Gets Mandamus Against SEC

Coinbase Breaking Silence Again, Gets Mandamus Against SEC

Coinbase made a move against the US SEC seeking clarity on crypto regulations petition. The recent action—a legal petition to the financial regulator, again. The leading crypto exchange firm filed a writ of mandamus after the agency’s response. Chief legal officer, Paul Grewal, informed about the company’s reply to the regulator’s arguments. 
In a tweet on Tuesday, May 23, Grewal noted that Coinbase responded to the Securities and Exchange Commission. The retort in the Third Circuit came in the wake of the latter’s arguments against their writ of mandamus petition. 
“Mandamus is the tailor-made remedy for the extraordinary facts presented …
 

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