Coinbase Global Inc.'s Chief Legal Officer stated that the ongoing Securities and Exchange Commission (SEC) investigation is a remnant from the previous administration. The inquiry pertains to a user metric that Coinbase ceased reporting approximately two and a half years ago. This metric, referred to as the "verified users" metric, included anyone who had verified their email address or phone number with Coinbase. The legal head expressed a strong belief that the SEC investigation should not continue and emphasized Coinbase's commitment to resolving the matter promptly. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io