Fifth Circuit Vacates Key SEC Claims in Coinbase Case, Narrowly Limiting SEC on XRP and SOL as Securities
SEC Slaps Down: Fifth Circuit Tosses Coinbase SEC Case on Key Claims In a stinging rebuke to the SEC, the Fifth Circuit Court of Appeals vacated parts of a lower court ruling against Coinbase, finding the agency failed to prove XRP and SOL are securities in their secondary market trading. This partial win for the…
