On Tuesday, US-based crypto exchange Coinbase, achieved a significant legal victory in its ongoing dispute with the Securities and Exchange Commission (SEC). Judge Katherine Polk Failla of the Southern District of New York has granted Coinbase a “rare interlocutory appeal,” allowing the company to challenge the SEC’s claims that it operates as an “unregistered exchange […]
On Monday, Coinbase’s Chief Legal Officer, Paul Grewal, announced that the exchange is ramping up its legal efforts in their ongoing battle with US regulators by filing two new sets of Freedom of Information Act (FOIA) requests. Grewal emphasized the necessity of obtaining clarity on how regulatory agencies are approaching digital assets, stating, “In short, […]
In an escalation between Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC), the crypto exchange intensified its efforts on Monday, August 12, pushing for the SEC to release internal documents. This filing, a Reply Memorandum of Law by Coinbase, supports their motion to compel the SEC to fulfill discovery obligations. Last week, […]
In the ongoing legal battle between crypto exchange Coinbase and the US Securities and Exchange Commission (SEC), Coinbase’s Chief Legal Officer, Paul Grewal, has taken to social media platform X to voice his concerns over the SEC’s attempt to prevent discovery of communications from SEC Chair Gary Gensler. The legal tussle centers around a subpoena […]
In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has initiated a legal offensive against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in a Washington, D.C., district court, aim to secure access to internal records that would shed light on what Coinbase […]
In a recent filing, US-based cryptocurrency exchange Coinbase has made sharp accusations against the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, claiming their actions aim to stifle the cryptocurrency sector. The filing comes amid an ongoing legal battle between Coinbase and the SEC, which alleges that the exchange engaged in unregistered […]
On Wednesday, the future of Solana may have been clouded by United States Southern District of New York’s Judge Katherine Polk Failla with her decision against Coinbase’s motion to dismiss. The ruling enables the Securities and Exchange Commission (SEC) to advance its case against the crypto exchange giant. The case centers on allegations that Coinbase […]
On Wednesday, Judge Failla from the Southern District Court of New York denied Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) case against the exchange. The SEC accuses Coinbase of operating as an unregistered exchange, broker, clearing agency, and alleges that its Staking Program engages in the unregistered offer and sale of securities. […]