Court Rules SEC Can Proceed With Coinbase Lawsuit, Says Regulator Correct on Staking Issue
The U.S. Securities and Exchange Commission (SEC) has scored a win in its lawsuit against crypto exchange Coinbase. The SEC first sued Coinbase in June 2023 for allegedly violating securities laws, including selling unregistered securities and operating an unregistered exchange/broker agency. Now, Judge Katherine Polk Failla has ruled that the SEC has made “adequate” allegations...