Coinbase Probe Shows SEC Game To Play Hardball On Crypto

September 10, 2021 – Media Mention

Herrick litigation partner Shivani Poddar spoke to Law360 about the U.S. Securities and Exchange Commission's ("SEC") potential legal action over Coinbase's planned crypto lending program. 

Shivani commented, "Given the SEC's approach with Coinbase, the U.S.'s largest cryptocurrency exchange, other DeFi platforms may be apprehensive to roll out new cryptocurrency-related products, and those platforms that already ventured into this space may retract and utilize a wait and see approach."

Read the full piece in Law360 here. Access may require a subscription.