“The parties do not dispute that, to prevail on its claims, the SEC need only establish that at least one of these 13 Crypto-Assets is being offered and sold as a security, and that Coinbase has intermediated transactions relating therewith, such that transacting in that Crypto-Asset would amount to operating an unregistered exchange, broker or clearing agency,” the order said.
Related posts
-
SEC’s Gensler Won’t Reveal his View on Trump’s Bitcoin Reserve, Reiterates Bitcoin Isn’t a Security
“Look at the leading lights in this field, in the crypto field just two years ago.... -
Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders
District Judge Katherine Polk Failla of the Southern District of New York (SDNY) denied Storm’s motion... -
SEC’s Gensler: Bitcoin not a security
Gary Gensler reaffirmed the SEC’s Bitcoin position and once again chastised the crypto industry for widespread...