SEC claim that making a wallet application available to customers constitutes Coinbase acting as an unregistered brokerage was dismissed by court

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Name

SEC claim that making a wallet application available to customers constitutes Coinbase acting as an unregistered brokerage was dismissed by court

Types

News event
Claim

Date

03

Month
/

27

Day
/

2024

Year

12

:

00

am

Quotes that support the claim

the Court agrees with Defendants that they are entitled to dismissal of the claim that Coinbase acts as an unregistered broker by making its Wallet application available to customers.

Related news events

Uniswap’s Chief Legal Officer Martin Ammori claimed that SEC’s accusation that Uniswap interface and wallet are brokers will fail pointing to a recent ruling from a federal judge dismissing the SEC’s claims that the Coinbase Wallet was an unregistered securities broker

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

Sources

Order on Motion for Judgment in SEC vs Coinbase for operating as an Unregistered Securities Exchange, Broker, and Clearing Agency

Referenced by

Order on Motion for Judgment in SEC vs Coinbase for operating as an Unregistered Securities Exchange, Broker, and Clearing Agency

Crypto

Document

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

News story
Claim

the Court agrees with Defendants that they are entitled to dismissal of the claim that Coinbase acts as an unregistered broker by making its Wallet application available to customers.

Crypto

Quote