First Mover Americas: Coinbase Responds to the SEC’s Lawsuit

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In its first legal response to the SEC lawsuit, crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the regulator’s purview. $COIN LedesmaLyllah reports in First Mover Americas

, filed early Thursday, Coinbase claimed that these cryptos are not investment contracts and therefore not securities.

COMP was trading at $45.98 at press time, higher by 51.4% since Sunday and doubling in value from its June 10 low of $22.89, according to

Source: Financial Digest (financialdigest.net)

 

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