Coinbase Moves for Judgment on the Pleadings in SEC Case
Coinbase filed a motion for judgment on the pleadings, asking the court to dispose of the SEC's June case on legal grounds before discovery. The filing argued, among other points, that the transactions at issue did not fall within the SEC's asserted securities jurisdiction.
Coinbase filed a motion for judgment on the pleadings, asking the court to dispose of the SEC's June case on legal grounds before discovery. The filing argued, among other points, that the transactions at issue did not fall within the SEC's asserted securities jurisdiction.
The practical Bitcoin channel was coinbase remains central Bitcoin exchange/custodian. The measure or case operated through law, licensing, custody, trading, or compliance rather than changing Bitcoin's protocol; where allegations or proposals were involved, they remained allegations or proposals at this stage.
The Bitcoin connection ran through coinbase remains central Bitcoin exchange/custodian. Distinct court stage, but core securities dispute centered on non-Bitcoin assets.