US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
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A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit filed in Manhattan by customers of cryptocurrency exchange Coinbase (Nasdaq: COIN) was dismissed with prejudice by U.S. District Judge Paul Engelmayer on Wednesday, meaning they cannot be brought again, Reuters reported. The lawsuit was filed against Coinbase Global Inc., Coinbase Inc., and CEO Brian Armstrong in March last year. The plaintiffs accused the crypto exchange
Paul Grewal, the Chief Legal Officer of the prominent crypto exchange Coinbase, has recently condemned Oregon Attorney General for filing a “copycat” lawsuit. As per Paul Grewal, the lawsuit filed by Oregon Attorney General again revives the claim that was dismissed long ago in the SEC lawsuit. The Coinbase executive…
SEC files lawsuit against crypto exchange Coinbase The US Securities and Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase in federal court in New York. Just like with Binance, the SEC accuses Coinbase of violating securities laws. And just like in yesterday’s lawsuit, the Commission published another list…