Insights

Coinbase drops 15% in pre-market trading after SEC lawsuit

exchange68September 13, 2024

0 0 1 minute read

Quick Take

Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations
It is now trading below $50.00.
However, Coinbase was trading 8% lower on Monday.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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