The post Coinbase Vs SEC Hearing Today: Coinbase Appeals for Dismissal of SEC Lawsuit appeared first on Coinpedia Fintech News
Cryptocurrency exchange Coinbase is taking action against the Securities and Exchange Commission (SEC) as it seeks to dismiss a lawsuit filed by the regulatory agency. The SEC accused Coinbase of selling unregistered securities and operating as an unregistered securities exchange.
However, Coinbase’s Chief Legal Officer, Paul Grewal, is confident in their defense and believes they will emerge victorious from the legal battle. He stated during a recent earnings call that they “expect to win.”
6/13/23, Ltr to the 3d Circuit: “The Commission has not yet decided what action to take on that petition.”
Today: “We can get to crypto later.”
Is there any serious question that a decision was made to deny sensible rules but deliberately withheld from the public?…
— paulgrewal.eth (@iampaulgrewal) August 3, 2023
SEC’s PullBack: Coinbase Aware of the Vio
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