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Published Oct 03, 2023 09:38PM ET Updated Oct 03, 2023 11:20PM ET
The United States Securities and Exchange Commission has asked a federal judge to deny Coinbase’s motion to dismiss a lawsuit by the regulator.
In an Oct. 3 filing in a New York District Court, the SEC hit back at claims in Coinbase’s dismissal motion and reiterated its belief that some of the cryptocurrencies listed on its platform were investment contracts under the Howey Test subject to SEC registration.
SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
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