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Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings

The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.

By Jesse Hamilton, Elizabeth Napolitano

Updated Mar 8, 2024, 8:08 p.m. Published Jan 17, 2024, 9:38 p.m.

CEO Brian Armstrong's Coinbase had a day in court today against Chair Gary Gensler's Securities and Exchange Commission as the company asked a judge to dismiss the SEC's action. (CoinDesk)