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Coinbase Scores Major Court Win as Judge Rejects Most Claims in Massive Crypto Trading Lawsuit
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Coinbase Scores Major Court Win as Judge Rejects Most Claims in Massive Crypto Trading Lawsuit
Coinbase just dodged a bullet that could have cost it billions. On July 30, U.S. District Judge Paul Engelmayer in Manhattan tossed out the bulk of a long-running class-action lawsuit accusing the cryptocurrency exchange of peddling unregistered securities to its customers. The ruling leaves only a sliver of claims alive. Those involve trades where Coinbase sold tokens from its own inventory. Everything else, the vast majority of activity on the…
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