TechFlow reported on January 26, in response to a community user's question: "Why does Coinbase dislike Solana?", Coinbase Chief Legal Officer Paul Grewal posted on X stating that the company has invested millions of dollars to defend SOL against the U.S. Securities and Exchange Commission (SEC) lawsuit, refuting the incorrect claim that it is a security. He emphasized that the team thinks about how to respond to this "unwarranted attack" every day, and said they will continue to stand firm in defending SOL.





