Legal Victory for Coinbase Against SEC: Significant Ruling for Cryptocurrency Industry

Coinbase Secures Massive Legal Win Against SEC

In a significant victory for the cryptocurrency industry, Coinbase has secured a massive legal win against the Securities and Exchange Commission (SEC). The case was paused by the trial court, which is expected to have a positive impact on the entire ecosystem.

Marco Santori, chief legal officer at Kraken, expressed his excitement over the news, stating that it’s “a big win for the whole ecosystem.” Despite this legal victory, Coinbase’s stock is currently down more than 8% amid a severe crypto market crash.

Source: u.today