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Coinbase CEO on SEC Lawsuit and Whether Crypto Is a Security - WSJBinance, in a blog post, said �we intend to defend our platform vigorously.� It said it had �actively cooperated with the SEC's investigations and have worked. Coinbase and others operating in the crypto space have been seeking �Several parties have been the subject of extensive investigation. The crypto exchange's unusually loud strategy could determine the fate of its legal battle with the regulator.