Coinbase vs. SEC: Date Revealed for Crucial Legal Response

The post Coinbase vs. SEC: Date Revealed for Crucial Legal Response appeared first on Coinpedia Fintech News

The court hearing for the ongoing lawsuit between Coinbase and SEC has been moved up to July 13 due to a creative strategy by Coinbase. The exchange filed its first response 40 days before the August 7 deadline, prompting an early hearing. The SEC will present its response on July 13, when Judge Katherine Polk Failla will decide if Coinbase is allowed to proceed with a motion for judgment on the pleadings. Coinbase claimed that many of the tokens in question fall outside the SEC’s scope. The outcome of this lawsuit could have a significant impact on the crypto industry as a whole.