Coinbase and Ripple CLOs Paul Grewal and Stuart Alderoty took a dig at the US SEC on Friday over the latest move to amend its lawsuit against Binance.
The Chief Legal Officer of leading crypto exchange Coinbase has taken another swipe at the US Securities and Exchange Commission (SEC). In a Thursday post, Paul Grewal asserted that the top regulator had no structure or standardized guidelines for law enforcement.
The Coinbase CLO, a sworn antagonist to the SECâs incessant clampdown on the crypto exchange, insinuated that the securities watchdog had shown a lack of reverence for the law. This, he noted, was evident in the SECâs settlement with Isreali-based crypto exchange eToro.
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