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Coinbase CLO Criticizes SEC’s $4.47B Terraform Settlement for Failing Fraud Victims

Coinbase CLO Criticizes SEC’s $4.47B Terraform Settlement for Failing Fraud Victims


CoinOtag
2024-06-12 23:48:16

The recent $4.47 billion settlement between the SEC and Terraform Labs has sparked significant debate within the crypto community. Paul Grewal, Chief Legal Officer of Coinbase, has openly criticized the effectiveness of the settlement in compensating victims of fraud. The agreement has raised questions about the allocation of the settlement funds and the SEC’s role


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