Coinbase Shares Tumble After SEC Threatens Lawsuit

Coinbase shares fell almost 20% Thursday morning after the company revealed it had received a Wells notice from the Securities and Exchange Commission, a sign of future legal action.

Coinbase Shares Tumble After SEC Threatens Lawsuit
Coinbase shares fell almost 20% Thursday morning after the company revealed it had received a Wells notice from the Securities and Exchange Commission, a sign of future legal action.