We just won our petition for a writ of mandamus at the Third Circuit
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We just won our petition for a writ of mandamus at the Third Circuit
Publish date
12:00am, Monday, January 13, 2025
Referenced by
US court orders SEC to better explain its dismissal of Coinbase petition for clearer crypto regulations
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We just won our petition for a writ of mandamus at the Third Circuit. Rebuking @SECGov for its order denying our rulemaking petition, the Court held that the "SEC’s order was conclusory and insufficiently reasoned, and thus arbitrary and capricious, we grant Coinbase’s petition in part and remand to the SEC for a more complete explanation." We appreciate the Court's careful consideration.
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