With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned

CoinDesk·

With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned

60-second summary

Coinbase Chief Legal Officer Paul Grewal is departing the exchange, though he'll remain as an adviser, he announced Thursday. Grewal's departure follows the SEC's closure of its probe into Coinbase's listing practices. His move is part of a broader reshuffle, with other executives reassigned. The changes come as Coinbase navigates ongoing regulatory scrutiny and market volatility.

Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday.