Odaily News According to market news, the U.S. Securities and Exchange Commission (SEC) announced that it has lifted the civil enforcement action against Coinbase (COIN.O). The case dates back to June 2023 (two years after Coinbase went public), when the SEC sued Coinbase, accusing Coinbase of merging the three normally separate functions of brokers, exchanges, and clearing agencies, in violation of U.S. securities laws.