SEC vs. Coinbase: The Implications of the Recent Ruling

Quick Summary:

Following Judge Failla’s rejection of Coinbase Inc.’s motion to dismiss the Securities and Exchange Commission (SEC) lawsuit against it, industry observers are wondering what will come next in the lawsuit.

She claimed to have been informed that one of Coinbase’s more near-term options includes a plan to file an “interlocutory appeal”, just like the SEC had tried to do in its lawsuit with Ripple.

This will give Coinbase and the SEC the liberty to request documents for the discovery process from each other.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaUnited States

Topics: Coinbase vs SEC 24/7 Cryptocurrency News Coinbase

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 07:04:37 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20539474

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Main Topics: Crypto

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