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Coinbase's Weakness Mounts Even As SEC Leniency Grows; Is The Stock A Sell Now?
Coinbase's Weakness Mounts Even As SEC Leniency Grows; Is The Stock A Sell Now? · Investor's Business Daily

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Coinbase stock soared on Friday after news that the Securities and Exchange Commission may drop a case against the crypto exchange. Shares are falling even as the SEC adopts an increasingly lenient stance towards crypto exchanges. According to Friday's reports, the SEC may drop a two-year lawsuit claiming that Coinbase should be regulated like a stock exchange.