Coinbase Wins as Fifth Circuit Dismisses SEC Crypto Lawsuit
SEC Slaps Down: Fifth Circuit Tosses Coinbase SEC Suit In a seismic blow to the SEC’s crypto crackdown, the Fifth Circuit Court of Appeals dismissed the agency’s lawsuit against Coinbase on April 17, 2025, ruling that many of the exchange’s listed digital assets aren’t securities. This decision shreds the SEC’s broad “investment contract” theory under…
