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Dates are set for the Securities and Alternate Fee’s case towards Coinbase, with the crypto change set to offer its opening temporary on August 4 and any amicus briefs by August 11.
The SEC’s opening temporary shall be carried out on October 3, with any amicus briefs due seven days later. Coinbase’s reply temporary shall be due 21 days later. The 2 events set out the dates in a letter to District Courtroom Decide Katherine Polk Failla that was filed on July 23.
Decide Failla has issued a scheduling order for our Rule 12(c) movement for judgment on the pleadings. We recognize the Courtroom’s immediate consideration to this matter. pic.twitter.com/XhR4hy0FDf
— paulgrewal.eth (@iampaulgrewal) July 23, 2023
Coinbase Charged
The SEC charged Coinbase with working as an unregistered securities change, dealer, and clearing company on June 6. Coinbase has mentioned the SEC allegations must be dropped for lack of advantage.
On July 13, a pre-motion court docket listening to lasting over two hours was held between Coinbase at which District Courtroom Decide Failla questioned each events on issues together with the definition of registered and unregistered property, staking, and Coinbase’s preliminary public providing (IPO) filings.
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