Coinbase CLO Paul Grewal disputes NYT’s claim of SEC crypto bias, defending clear facts.
- Paul Grewal challenges New York Times report, claims misleading crypto enforcement narrative.
- Grewal highlights lack of favoritism evidence in NYT story.
- SEC attributes enforcement changes to policy, not political bias.
Coinbase’s Chief Legal Officer Paul Grewal criticized a New York Times article about SEC crypto favoring Trump allies, highlighting misrepresentations without supporting evidence, sparking debate over alleged political bias.
The dispute highlights tensions in crypto regulation and the SEC’s shifting policies, impacting market dynamics and investor perceptions amid high-profile memecoin activities linked to the Trump family.
Coinbase’s Chief Legal Officer, Paul Grewal, criticized a New York Times article dated December 14, 2025, alleging SEC favoritism towards Trump allies.
The event reflects ongoing tensions around regulatory practices, highlighting differing views on the SEC’s policy adjustments.
Grewal Denies Evidence of SEC Favoritism in Crypto Cases
Paul Grewal publicly rejected the NYT report’s framing of SEC bias, noting the article found no evidence of pressure from the White House. SEC Commissioners Peirce and Uyeda, known dissenters, now drive policy shifts post-Gary Gensler.
The report suggests SEC softened crypto cases favoring Trump associates; however, MoonPay’s executive excitement over $TRUMP memecoin gains adds another layer to this regulatory controversy.
Crypto Community Reacts to NYT’s SEC Allegations
The NYT story has stirred debate within the crypto community and prompted rebuttals from stakeholders stressing there’s no evidence of White House influence.
Grewal’s and Thorn’s responses highlight skepticism around the article’s conclusions. The SEC’s stance focuses on legal—not political—considerations driving case dismissals.
“I do appreciate the reporter’s candor in the comments to the online version of the story. It shows the headline and the overall narrative to be even more twisted.” — Paul Grewal, Chief Legal Officer, Coinbase
Experts Weigh In on Perceived Regulatory Disparities
The alleged SEC bias against Trump allies evokes past concerns over regulatory disparity in crypto markets, reminiscent of perceived favoritism controversies.
Experts suggest the dismissal of cases aligns with broader regulatory trends prioritizing lawful frameworks, opposing claims of strategic favoritism towards Trump associates.
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