The company was already expected to report weak second-quarter 2023 trading volumes before the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange on Tuesday, the report said.
This weakness may now persist and intensify “due to the overhang that the lawsuit has created,” analyst Mark Palmer wrote. "The upshot is that we view COIN shares…
This story from coindesk.com was posted on 2023-06-09 by @skygaze.