Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process By Cointelegraph
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In the ongoing legal battle between Coinbase (NASDAQ:) and the United States Securities and Exchange Commission, the American cryptocurrency exchange has filed a motion to dismiss the SEC’s complaint.
In a legal document filed on Thursday, June 29 with the U.S. District Court for the Southern District of New York, Coinbase raised concerns about the SEC’s interpretation of securities laws, suggesting the agency was reaching beyond its legal authority.
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© Reuters
In the ongoing legal battle between Coinbase (NASDAQ:) and the United States Securities and Exchange Commission, the American cryptocurrency exchange has filed a motion to dismiss the SEC’s complaint.
In a legal document filed on Thursday, June 29 with the U.S. District Court for the Southern District of New York, Coinbase raised concerns about the SEC’s interpretation of securities laws, suggesting the agency was reaching beyond its legal authority.
Continue Reading on Coin Telegraph
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