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Coinbase has 70% chance of winning against SEC: Bloomberg anal | Bitcoin Crypto Signals

Coinbase has 70% chance of winning against SEC: Bloomberg analyst

An analyst for Bloomberg Intelligence placed Coinbase’s chances of prevailing in its legal battle with the U.S. Securities and Exchange Commission (SEC) at an optimistic 70%. In a Jan. 19 post on social media platform X (formerly Twitter), Elliot Stein, Bloomberg Intelligence’s senior litigation analyst, suggested that the cryptocurrency trading platform was likely to secure a complete dismissal of the regulatory case based on developments in the recent court hearing.

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