Court refuses to dismiss Coinbase’s lawsuit from SEC

Home / Court refuses to dismiss Coinbase’s lawsuit from SEC

The court denied Coinbase’s motion to dismiss the lawsuit from the Securities and Exchange Commission (SEC).

The court held that the SEC had made plausible arguments that Coinbase operated as an exchange, broker and clearing agency and engaged in unregistered sales of securities.
However, the judge decided to dismiss the SEC’s claim against Coinbase Wallet.

Thus, the case will continue.

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