Coinbase slams SEC in closing brief over refusal to provide clear regulation
Coinbase filed its closing brief on May 31, slamming the SEC for its refusal to provide regulatory clarity for the digital asset industry.
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
The appeal aims to challenge a recent court order concerning a critical legal question in its ongoing case with the SEC.
Hong Kong's financial regulator SFC has licensed only 2 crypto exchanges in the region.
Tigran Gambaryan has been held in Nigeria since February 26.
The judge ruled that "a court, not an arbitrator," must decide whether one of Coinbase's agreements supersedes the other.
The examiner emphasized the necessity of three primary investigations to further clarify the circumstances surrounding FTX Group's downfall.
Bybit has experienced the second-highest amount of withdrawals from centralized exchanges in the last 24 hours, according to DeFillama data.