They've been reprimanded by a federal judge for blatant extrajudicial power grabs like this one. None of their huge cases claiming various cryptocurrencies are securities have succeeded, except in the super cut-and-dry cases like ICOs and centralized schemes that clearly pass the Howey test.
JumpCrisscross|1 year ago
A federal judge found the SEC has jurisdiction over crypto and is sending Coinbase’s case to a jury trial [1].
[1] https://www.cnbc.com/2024/03/27/sec-scores-big-win-in-lawsui...
bidandanswer|1 year ago