The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.
Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC
Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto.
Senator Lummis files amicus brief supporting Coinbase’s dismissal motion against SEC
Senator Cynthia Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto.
Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC
The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.”