Coinbase CEO Armstrong appeared unfazed in the face of a new lawsuit against the exchange by the United States Securities and Exchange Commission (SEC). Both Coinbase and its CEO issued separate statements discussing Coinbase’s views and chances of victory against the latest legal battle against the regulator. In a tweet shared on Tuesday, Armstrong stated that Coinbase would be proud to represent the crypto ecosystem against the SEC, adding that a court battle was probably required to get some much-needed clarity around crypto and the rules governing it.