Good thing, what the hell does that mean? Good for what purpose?
Obviously they don't deny it because it's true, that's not my point. My point is that even being true, their first concern could be their customers, but it's not because they're scumbags.
I think the fact that Coinbase does not deny that their employee acted wrongly is a good thing.
Their stance is that cryptocurrencies aren't securities to avoid ("unfair") SEC regulatory capture.