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Coinbase to Face Revived Lawsuit by Customers

Coinbase to Face Revived Lawsuit by Customers
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Coinbase to face revived lawsuit by customers

A federal appeals court on Friday revived a lawsuit by Coinbase customers who accused the largest U.S. cryptocurrency exchange of illegally selling unregistered securities and failing to register.

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Coinbase to face revived lawsuit by customers

A federal appeals court on Friday revived a lawsuit by Coinbase customers who accused the largest U.S. cryptocurrency exchange of illegally selling unregistered securities and failing to register as a broker-dealer. The 2nd U.S. Circuit Court of Appeals in Manhattan said a lower court judge should not have relied on a December 2021 user agreement to find that Coinbase did not hold title to, and was not the seller of, 79 tokens that the customers traded. In its 3-0 decision, the appeals court sai

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Coinbase Court Embraces 'Ecosystem' Approach to Identifying Crypto-Asset Securities | Akin Gump Strauss Hauer & Feld LLP

Key Points - In a thorough decision, a federal district judge in New York largely denied Coinbase’s motion for judgment on the pleadings in a case brought by the SEC. Applying the.

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What a Judge Said About the SEC's Suit Against Coinbase

What a Judge Said About the SEC's Suit Against Coinbase
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