Coinbase Global Inc.'s chief legal officer highlighted the company’s successful cooperation with the Justice Department after self-reporting misconduct as the type of interaction he sees lacking from the Securities and Exchange Commission.
Paul Grewal said at a New York legal conference on Wednesday that he was pleased with the crypto exchange’s experience in informing the department about a manager who later pleaded guilty to insider trading and was sentenced to two years in prison on May 9.
Upon discovering the misconduct, “we had a very positive, productive conversation with the Department of Justice, which ultimately led to a prosecution of ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.