2nd Circ. Revives Coinbase Securities Class Action

Tue Apr 9 04:27:10 PDT 2024

2nd Circ. Revives Coinbase Securities Class Action
<https://www.law360.com/capitalmarkets/articles/1822395?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-08&read_main=1&nlsidx=0&nlaidx=2>

By Jessica Corso

The Second Circuit on Friday revived a proposed class action accusing
crypto trading platform Coinbase of selling unregistered securities, saying
that competing user contracts left it open for interpretation as to who,
exactly, was the direct seller of dozens of tokens trading on the exchange.

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<https://www.law360.com/capitalmarkets/articles/1822395?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-08&read_more=1&nlsidx=0&nlaidx=2>
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