The post Coinbase Teams Up with SEC in Letter to Judge Over Key Decision appeared first on Coinpedia Fintech News
Coinbase and the U.S. Securities and Exchange Commission (SEC) have jointly requested Judge Failla to equally divide the allotted time for oral arguments in a high-stakes legal battle scheduled for January 17, 2024.
Coinbase, a leading crypto exchange, and the SEC sent a joint letter to Judge Failla, highlighting the critical nature of the upcoming oral argument on the motion for judgment on the pleadings. The letter, filed on November 16, 2023, suggests an equal division of the four hours set aside for the argument, demonstrating a mutual understanding of each party’s significance on the hearing.
The Core of the Dispute
The core of the dispute revolves around the SEC’s claim that certain activities by Coinbase may violate securities laws. In response, Coinbase, represented by top U.S. attorney William Savitt, contends that the SEC’s reliance on decades-old case law
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