This article is for subscribers only.
Coinbase Inc. won dismissal of a lawsuit by consumers alleging the cryptocurrency exchange facilitated the sale of unregistered securities on its platform.
The proposed class-action suit, filed in federal court in New York in October 2021, seeks damages arising from the sale or soliciting of 79 digital assets that the consumers say amounted to illegal contracts because the platform is not registered with the US Securities and Exchange Commission.
Author: Jonah Leffler
Last Updated:
Views: 6038
Rating: 4.4 / 5 (45 voted)
Reviews: 92% of readers found this page helpful
Name: Jonah Leffler
Birthday: 1997-10-27
Address: 8987 Kieth Ports, Luettgenland, CT 54657-9808
Phone: +2611128251586
Job: Mining Supervisor
Hobby: Worldbuilding, Electronics, Amateur radio, Skiing, Cycling, Jogging, Taxidermy
Introduction: My name is Jonah Leffler, I am a determined, faithful, outstanding, inexpensive, cheerful, determined, smiling person who loves writing and wants to share my knowledge and understanding with you.