SEC’s rebuttal to Coinbase’s legal defense set for July 13th

According to a recent court order issued on Thursday, June 29, the United States Securities and Exchange Commission (SEC) is scheduled to deliver its response to Coinbase’s initial legal defense on July 13. The SEC has also filed a request with the court, seeking a three-business-day extension, as mentioned in a legal document filing. Taking a stronger position Coinbase’s legal counsel argued in a recent court letter that the company has presented various defenses in response to the SEC’s complaint, including claims of due process violation and abuse of discretion.…