SEC sufficiently pleaded that Coinbase operated as an exchange, broker and clearing agency under federal securities laws and suit against Coinbase should move forward

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SEC sufficiently pleaded that Coinbase operated as an exchange, broker and clearing agency under federal securities laws and suit against Coinbase should move forward

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Date

03

Month
/

27

Day
/

2024

Year

12

:

00

am

Quotes that support the claim

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.

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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

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Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

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Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

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

Crypto

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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

Crypto

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