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Coinbase, the largest U.S. crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on a petition for rulemaking Coinbase filed in 2022.
In March, a federal judge in Manhattan rejected Coinbase's bid to dismiss the SEC lawsuit. The proposed class action led by Swedish pension fund Sjunde AP-Fonden covers Coinbase shareholders from ...
The SEC's Coinbase insider trading lawsuit is a more complicated case because none of the defendants are crypto firms, but instead, individuals accused of using insider information for personal gain.
The SEC has brought a number of high-profile lawsuits against both top issuers and exchanges, beginning with with a 2020 complaint against Ripple, the company behind the popular XRP cryptocurrency ...
The U.S. crypto exchange Coinbase defended its business model in a New York courtroom on Wednesday as it faces an existential lawsuit from the Securities and Exchange Commission.. Arguing in front ...
The SEC in its lawsuit also targeted Coinbase's "staking" program, in which it pools assets to verify activity on blockchain networks and takes commissions, in exchange for "rewards" to customers ...
(Reuters) -A federal judge in Manhattan on Wednesday said the U.S. Securities and Exchange Commission's lawsuit against Coinbase can move forward, but dismissed one claim the regulator made ...
On Wednesday, Judge Katherine Failla of the Southern District of New York rejected Coinbase's motion to dismiss the SEC's lawsuit against the leading U.S. crypto exchange, forcing the proceedings ...