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<ul class="news-points"> 
 <li><strong>Coinbase fights back against SEC’s lawsuit.</strong></li> 
 <li><strong>Coinbase filed for dismissal and argued that SEC claims exceeded the legal limit.</strong></li> 
 <li><strong>Coinbase’s Chief Legal Officer emphasizes Coinbase’s commitment to dialogue.</strong></li> 
</ul> 
<p>Coinbase, one of the leading crypto exchanges in the United States, has launched a strong counterattack against the U.S. Securities and Exchange Commission (SEC) by filing an answer and notice of intent to file a motion to dismiss the SEC’s case.&nbsp;</p> 
<p>In a tweet, Paul Grewal, the Chief Legal Officer of Coinbase, expressed the company’s belief that the claims made by the SEC in the lawsuit go beyond the existing law and should be dismissed.</p> 
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   <p lang="en" dir="ltr">Today <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@coinbase</a> filed our answer and notice of intent to file a motion to dismiss the <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@SECGov</a> case against us. You can read our response for yourself – our arguments speak for themselves. 1/2 <a href="https://t.co/Ld2ZEejhyM" target="_blank" rel="nofollow">https://t.co/Ld2ZEejhyM</a></p>— paulgrewal.eth (@iampaulgrewal) <a href="https://twitter.com/iampaulgrewal/status/1674271484263661569?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 29, 2023</a>
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<p>Grewal’s tweet conveyed Coinbase’s commitment <a href="https://coinedition.com/coinbase-to-sec-were-ready-to-defend-ourself-vigorously-in-court/">to dialogue with regulators</a>, including the SEC. It highlighted its belief that new legislation and rulemaking are appropriate for regulating the industry.&nbsp;</p> 
<p>Notably, this recent filing comes barely after two…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/coinbase-files-motion-to-dismiss-sec-calls-claims-beyond-existing-law/">Coinbase Files Motion to Dismiss SEC, Calls Claims Beyond Existing Law</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Coinbase Files Motion to Dismiss SEC, Calls Claims Beyond Existing Law

Coin Edition

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