What to expect from the first Coinbase-SEC hearing By Cointelegraph

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© Reuters

A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and crypto exchange Coinbase (NASDAQ:) should provide a sense of the litigation tone and its potential impacts on the broader crypto industry, legal sources told Cointelegraph.

Previously scheduled for August, the conference is a typical request presented by any party seeking a ruling on a specific matter prior to the trial. In this case, the motion was requested by Coinbase in late June. The exchange wants Judge Katherine Polk Faila to dismiss the complaint filed by the regulator on June 5.

Screenshot of Coinbase’s motion on June 28. Source: CourtListener.