Breaking: Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware ProjectRead more

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crypto

Coinbase Moves to Dismiss SEC Lawsuit

By
Aidan Ryan
· · Source: The Information

Lawyers for Coinbase on Friday asked a federal judge to dismiss a lawsuit filed by the Securities and Exchange Commission in June, arguing that Coinbase does not offer securities and therefore the agency has no jurisdiction to regulate the crypto exchange. “[T]he SEC has violated due process, abused its discretion, and abandoned its own earlier interpretations of the securities laws,” the...

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