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Ledger Nano X - The secure hardware wallet

Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

3 October 2023

in Blockchain

Reading Time: 1 mins read

Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

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“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said Tuesday. “It contends the SEC blessed Coinbase’s violative conduct when Coinbase went public, that SEC Chair Gary Gensler’s answer to a question at a Congressional hearing (which Coinbase distorts) controls this Court’s application of the federal securities laws, and that the SEC in any case lacks authority to regulate securities transactions that involve crypto assets.”

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Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

Blockchain Enters The City: London Stock Exchange Launches Private Funds Platform

Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy

3 Reasons Why Shiba Inu Price Might See A Massive Surge Over 400%

Crypto-Friendly Congressman Patrick McHenry Temporarily Takes Over U.S. House

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