Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

  • Article


Name

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

Types

Article

Avatar

Claims from

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit for it acting as unregistered securities exchange, brokerage and clearing agent
SEC sufficiently pleaded that Coinbase operated as an exchange, broker and clearing agency under federal securities laws and suit against Coinbase should move forward

Publish date

03

Month
/

27

Day
/

2024

Year

12

:

00

am

Publisher

CoinDesk

Quotes from

A judge ruled that the SEC made a plausible argument that Coinbase is operating as an unregistered broker, exchange and clearinghouse
A federal judge ruled that the U.S. Securities and Exchange Commission brought enough of a case arguing that Coinbase is operating as an unregistered broker, exchange and clearinghouse that its suit against the cryptocurrency company should move forward.

Related entities

Coinbase loses most of motion to dismiss SEC Lawsuit against it for operating as an unregistered exchange, broker and clearing agency and lawsuit against Coinbase will proceed

Related news stories

Coinbase loses most of motion to dismiss SEC Lawsuit against it for operating as an unregistered exchange, broker and clearing agency and lawsuit against Coinbase will proceed

Web URL

https://www.coindesk.com/policy/2024/03/27/coinbase-loses-most-of-motion-to-dismiss-sec-lawsuit/

Referenced by

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

Crypto

Quote

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit for it acting as unregistered securities exchange, brokerage and clearing agent

Crypto

News event
Claim

A judge ruled that the SEC made a plausible argument that Coinbase is operating as an unregistered broker, exchange and clearinghouse

Crypto

Quote