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Verilumia

The Daily Verified Briefing

Markets

Coinbase settles FOIA case for $150,000 as shares slip 4%

Published 22 July 2026

Shares of Coinbase fell sharply on July 22, erasing much of the previous day's gains, as renewed political disagreements in Washington dramatically lowered the odds of a major cryptocurrency regulatory bill passing this year. The stock decline coincided with the company announcing a legal settlement with the U.S.

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