Coinbase has filed a notice in its enforcement case against the U.S. Securities and Exchange Commission (SEC), referencing Judge Jackson's decision in the SEC's case against Binance. The decision, which rejected the SEC's stance on secondary market sales of digital assets, is being used by Coinbase to support its request for an interlocutory appeal. Coinbase's letter to Judge Failla, dated July 1, cites this ruling.
UPDATE: @BINANCEUS EXPRESSED READINESS FOR A PROLONGED LEGAL FIGHT WITH THE US SEC
📣 Latest News: https://t.co/i1UwV7sTKy 'prepared' for SEC legal showdown #news #cryptonews #crypto #regulations
Coinbase Puts SEC on Notice: ‘Liability shouldn't depend on which court you get sued in’ ► https://t.co/BqNulpX3CC https://t.co/BqNulpX3CC
Here is @coinbase’s letter to Judge Failla, citing Judge Jackson’s opinion about secondary market sales of digital assets from the @binance case. Coinbase says Jackson’s ruling reinforces its grounds for requesting an interlocutory appeal in its own case. https://t.co/a6gK0lvAEx https://t.co/hA4mBmjiRF
Liability shouldn't depending on what what court you get sued in or what judge is assigned to your case. Earlier today we filed a notice in our enforcement case against @SECGov about Judge Jackson's decision in the case against Binance. This decision squarely rejected the SEC’s… https://t.co/j41nsvVzDq