Fifth Circuit Vacates SEC Coinbase Case, Rejects Howey-Based Securities Claims
SEC Crushed: Fifth Circuit Tosses Coinbase Securities Case The Fifth Circuit Court of Appeals just gutted the SEC’s case against Coinbase, vacating a lower court ruling that treated the crypto exchange’s trading features as unregistered securities offerings. In a November 26 bombshell, judges ruled the SEC failed to prove Coinbase’s wallet and staking services meet…
