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Wednesday, July 16, 2025
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Tag: Jed Rakoff

U.S. Senator And Other Crypto Lobbyists Urge Court to Dismiss SEC’s Coinbase Lawsuit

U.S. Senator Cynthia Lummis, several crypto advocacy groups, and academic professionals urged a federal court to reject the U.S. Securities and Exchange Commission (SEC) lawsuit against the U.S. crypto exchange Coinbase. The parties claim that the SEC is overstepping its boundaries in their amicus filing, which serves as supportive documents to the court. The SEC had previously filed lawsuits against Coinbase and Binance, including its U.S. subsidiary Binance.US, in June.