Coinbase spokesperson denies Financial Times article claims that they were asked to delist everything except bitcoin

One of the top post in the sub right now is about how the SEC asked Coinbase to halt trading on everything besides bitcoin, claiming that everything else was a security.

you can read that post here

Well now a Coinbase spokesperson has told multiple crypto news organizations that Brian Armstrong's statement to the Financial times was taken out of context.

“Prior to litigation, the SEC did not at any point request that Coinbase delist any specific assets, which the SEC acknowledges in the same article,” the spokesperson said. “The interview as published earlier today by the Financial Times omits important context regarding our conversations with the SEC.”

The SEC has also denied that they asked Coinbase to delist everything except bitcoin.

“SEC staff does not ask companies to delist crypto assets. In the course of an investigation, the staff may share its own view as to what conduct may raise questions for the Commission under the securities laws,” an SEC spokesperson told Blockworks.

you can read the full article from blockworks here

DL News is reporting the same thing here

​