merican crypto exchange Coinbase recently filed a motion to dismiss the lawsuit filed by the U.S. Securities and Exchange Commission (SEC). In its latest court filing, the crypto giant argued that the securities regulator had no legal claim to pursue the case in question given that its jurisdiction over crypto tokens had not been certified.Crypto lawyer Jeremy Hogan took to Twitter earlier today to share his take on Coinbase’s latest court filing:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/df5cf69d440748df8dbe519067e7da9e.png" />Jeremy Hogan pointed out that Coinbase used experience from the SEC’s lawsuit against fellow crypto entity Ripple and also cited information from that lawsuit in its response to the securities regulator. According to the crypto lawyer, the crypto exchange also invoked the major questions doctrine which states that issues of major political or economic significance are not to be delegated to federal agencies.The doctrine also presumes that the United States Congress would make major policy decisions itself, rather than leaving those decisions to agencies like the SEC. Hogan indicated that the doctrine was well placed given the impact of the lawsuit’s verdict on the country’s economic policy and stance on emerging technology like blockchain.Speaking on the response to the SEC’s lawsuit, Coinbase’s Chief Legal Officer Paul Grewal <a href="https://twitter.com/iampaulgrewal/status/1674271484263661569" rel="noopener noreferrer nofollow">tweeted</a>:Read full article at <a href="https://cryptotale.org/coinbase-seeks-dismissal-of-sec-lawsuit-in-latest-court-filing/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Coinbase Seeks Dismissal Of SEC Lawsuit In Latest Court Filing

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