Coinbase Disputes SEC's Allegation That the Exchange Lists 9 Crypto Securities – Regulation Bitcoin News

Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End of story.”The U.S. Securities and Exchange Commission alleged that cryptocurrency exchange Coinbase listed nine crypto asset securities in a complaint filed Thursday.

However, Coinbase immediately disputed the SEC’s allegation that some coins traded on its platform are crypto securities. The exchange’s chief legal officer, Paul Grewal, stressed in a blog post Thursday: “Coinbase does not list securities on its platform. End of story.”The SEC alleges that nine digital assets involved are securities. The DOJ reviewed the same facts and chose not to file securities fraud charges against those involved.

Grewal claimed that “Coinbase has a rigorous process to analyze and review” each crypto asset before listing and trading on its platform. The chief legal officer noted that Coinbase cooperated with the SEC’s investigation of the former Coinbase employee’s insider trading case. Noting that seven of nine crypto assets mentioned by the SEC in the complaint are listed on the Coinbase platform, he said:

Source: Digital Coin News (digitalcoinnews.net)

coinbase why didn’t you dispute $XRP

I guess holding BTC on bfx sounds better.

thewallstbulloz Fingers crossed coinbase go insolvent! Armstrong is the worst person to market next to saylor

Coinbase is the Best 🙏

Lol BTC maximalism

Cuz they probably are. They’ll list dog sh*t if u pay them what they ask. Not that difficult lol

You're disputing with a thug

I dispute

SEC also refers to nine cryptocurrencies on Coinbase platform as securities in indictment documents

Again I told u not to join the stock market u didn't listen. Smh now you're paying the concensus for being money hungry

Litecoin looking good

👏👏👏

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