Workflow
Report: Dismissal of SEC Lawsuit Against Coinbase Could Be Decided by Spring
CoinbaseCoinbase(US:COIN) PYMNTS·2024-01-21 22:35

The SEC’s suit against Coinbase could be decided in the next three months.The Securities and Exchange Commission (SEC) sued the cryptocurrency firm last year, and Coinbase went to court last week seeking to have that suit dismissed. The judge in that case is likely to make a decision on the dismissal in the next three months, SeekingAlpha reported Sunday (Jan. 21), citing a Citi analyst.“Given the stature of the case, we agree with the notion that this dispute is unlikely to be solved on motions alone — lik ...