Third Circuit Blocks Coinbase’s Shortcut to the SEC in Crypto-Securities Fight
COURT HITS BRAKES ON COINBASE SEC FIGHT The Third Circuit just told Coinbase it can’t leapfrog the SEC’s administrative process. The exchange wanted a direct federal-court showdown over whether crypto assets count as securities, but the judges said no. That single procedural ruling keeps the agency’s enforcement machine running full throttle for now. Coinbase filed…
