#Coinbase says #SEC did not recommend delisting #cryptocurrencies prior to lawsuit

Both Coinbase and the SEC have denied a report that the regulatory agency asked the exchange to delist specific assets.

The US Securities and Exchange Commission did not ask Coinbase to delist any specific assets before it sued the exchange according to new statements from the exchange and the regulator. 

A Coinbase spokesperson told Blockworks the article in the Financial Times claiming that CEO #BrianArmstrong said that the SEC had made a “recommendation” to halt trading “in all cryptocurrencies other than #bitcoin” was “an inaccurate representation of the facts.”