Coinbase urges court to reconsider appeal, cites SEC vs Ripple

https://cointelegraph.com/news/coinbase-urges-court-consider-interlocutory-appeal-cites-appeal-ripple-case?utm_source=feedly_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

4 Comments

  1. coinfeeds-bot on

    tldr; Coinbase has urged a New York judge to reconsider an interlocutory appeal, citing the SEC’s recent appeal in the Ripple case. Coinbase argues that the SEC’s actions highlight ambiguities in the Howey Test, which determines if an asset is a security. The appeal underscores the significance of the Howey Test’s application in the ongoing SEC vs. Coinbase lawsuit. Coinbase’s legal team is leveraging the SEC’s Ripple appeal to push for their own appeal, emphasizing the need for clearer guidelines on digital assets.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. CryptoNerdSmacker on

    Funny seeing Coinbase piggyback off of Ripple Labs’ trials and tribulations.

    Not long ago the Coinbase’s CEO was talking out of the side of his mouth about XRP and Ripple Labs.