Marisa
@mtcoppel
1/ My takes on the recent order in SEC v. Coinbase ๐ #1 - HUGE win for DeFi. The court dismissed the SEC's claim alleging Coinbase Wallet functions as an unregistered broker. Drastic SEC overreach. This is great for devs and those working on peer-to-peer tech. ๐งต
1 reply
3 recasts
6 reactions
Marisa
@mtcoppel
2/ The court allowed the SEC's remaining claims to move forward. Not great, but now Coinbase gets to conduct discovery. Major battles will be fought and the true facts will be taken into account at summary judgment.
1 reply
0 recast
1 reaction