#Moody's announced on Thursday that it changed Coinbase's outlook from stable to negative after the U.S. Securities and Exchange Commission filed a lawsuit against the #crypto exchange earlier this week. The credit rating agency, which did not care about the biggest stock market of the USA, punished the biggest actor of the region in the middle of the war quite normally.
âThe stable to negative outlook reflects the magnitude of the ambiguous impact of the SECâs accusations on Coinbaseâs business model and cash flows.â