The post Coinbase CLO Uses Bump Stock Gun Case Against SEC, Here’s What it Means! appeared first on Coinpedia Fintech News
Coinbase’s Chief Legal Officer, Paul Grewal, has boldly positioned the company in its legal battle with the Securities and Exchange Commission (SEC). Drawing parallels to a recent Supreme Court case involving bump stock guns, Grewal aims to counter the SEC amid its multiple lawsuits against crypto industry participants.
Grewal On SEC’s Overreach -A Fair Trial or a Forced Litigation?
Recently, Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, engaged in a legal tangle against a US court ruling that favored the Securities and Exchange Commission (SEC). The ruling, which labeled certain crypto assets traded on secondary markets as securities, was met with criticism from Grewal. He drew parallels to a notable Supreme Court case involving bump stock guns, highlighting what he saw as inconsistencies and a lack of transparency in regulatory enforc
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