The Coinbase IPO is coming, according to SEC filing
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court. One of crypto's most-anticipated initial public offerings is one step closer.On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that:"The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions."Per its last valuation, Coinbase was worth $8 billion, but that was in 2018. As it stands, the firm is one of the biggest....
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A man from Missouri is filing a suit against Coinbase for its sale of XRP, a California court filing reveals.
The IRS has asked a district court in California to dismiss a filing by a Coinbase customer that might prevent it from gaining access to the company's user data. Filed in the US District Court of Northern California (which oversees the city of San Francisco where Coinbase is headquartered), the new documents request the filing be dismissed on the grounds that the request was only for unidentified users of Coinbase. In the process of filing his documents to prevent the search, so goes the IRS argument, lawyer Jeffrey K Berns of the Berns Weiss law firm had revealed himself as a user, and as....
Coinbase officially entered the fray in a court case over its user records earlier this month – and now the IRS is fighting back. In a 25th January court filing, lawyers for the US government argued that the San Francisco-based startup has no standing to intervene in the so-called "John Doe" summons case, through which the IRS is seeking bitcoin user records in a bid to identify potential tax cheats. The case, which saw Coinbase customer Jeff Berns file his own intervention effort late last year, has drawn harsh criticism from digital currency advocates amid accusations of....
America’s largest crypto exchange, Coinbase has revealed plans to list popular doggy-themed cryptocurrency, Shiba Inu (SHIB) for its futures contracts. The exchange has submitted an official filing to the Commodity Trading Futures Commission (CFTC) to begin trading as soon as possible. Related Reading: More Than A Laugh: What’s Driving The Insane Growth Of Memecoins In […]
However, the exchange also claimed the identification of the Bitcoin creator could cause the crypto market to deteriorate. United States-based cryptocurrency exchange Coinbase named Bitcoin creator Satoshi Nakamoto in its recent filing with the Securities and Exchange Commission for a direct listing on the stock market.According to the SEC filing, Coinbase sent copies of its S-1 registration statement — which, if approved, would bring the company closer to having its shares traded on U.S. stock exchanges — to legal team members at Coinbase Global and California law firm Fenwick & West. In....