Lеgal
Coinbase Lawsuit: Court Rules Secondary Sales Of Crypto Not Securities
In a significant legal development, the US Court of Appeals for the Second Circuit has issued a comprehensive ruling on a contentious lawsuit involving crypto exchange Coinbase. The plaintiffs in the case are plaintiffs Louis Oberlander, Christopher Underwood, and Henry Rodriguez. The lawsuit centered on allegations of violations of federal and state securities laws concerning the trading of specific cryptocurrencies on Coinbase.
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