SEC Coinbase Case: Regulator Doubles Down on Claims Against Crypto Exchange

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The Securities and Exchange Commission is pushing ahead with its litigation against Coinbase Global Inc., raising the stakes further in the case against the biggest US crypto exchange.

The SEC on Tuesday asked a federal judge to reject Coinbase’s attempts to have the agency’s lawsuit tossed. The company had argued that the watchdog “abused its discretion” in claiming that the firm was offering crypto products that were unregistered securities.

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