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SEC insists that Coinbase 'just does not like the answer'

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The U.S. SEC claims that Coinbase has arranged its business affairs in ways that may “make it costly” to comply with existing laws.

The U.S. Securities and Exchange Commission has opposed cryptocurrency exchange Coinbase's request for an interlocutory appeal concerning a “controlling question” in the ongoing lawsuit, alleging that Coinbase is seeking to manipulate the interpretation of the question itself.

As the SEC disagrees with this, Coinbase allege that whether or not it does so is a controlling question — a key legal issue that can strongly influence the outcome of the case. Court filing with the United States District Court for the Southern District of New York. Source: Court Listener

 

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