Coinbase Global Inc. CEO Brian Armstrong is optimistic that federal courts will back up the crypto industry in its fight with the Securities and Exchange Commission, which he said was engaged in a “lone crusade” to “curtail” the crypto industry.
Armstrong pushed back against speculation that he would relocate Coinbase COIN outside of the U.S. after the company disclosed that it had received a Wells notice from the SEC, indicating that the regulator would likely bring an enforcement action for securities-law violations.
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