Coinbase counters use of default judgment ruling in SEC lawsui | Crypto | Ethereum | Bitcoin
Coinbase counters use of default judgment ruling in SEC lawsuit
Coinbase is countering the Securities and Exchange Commission's efforts to leverage a decision from an insider trading case to bolster the agency's lawsuit against the cryptocurrency exchange. Coinbase hit back after the SEC a day earlier said it wanted to inform the court of a default judgment made last week by another court. That ruling said that the trading of certain crypto assets on secondary markets constitutes securities trading.
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