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SECURITIES and EXCHANGE COMMISSION December 1, Via Sec  Form

SECURITIES and EXCHANGE COMMISSION December 1, Via Sec Form

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what's the latest in the coinbase and SEC battle well the saga continues as coinbase files an appeal over investment contracts let's dive into the nitty-gritty of this ongoing legal tussle the Securities and Exchange Commission or SEC has been scrutinizing digital asset transactions particularly those lacking post-sale obligations to determine their status as investment contracts if classified as such these transactions fall under the watchful eye of of SEC regulation in response coinbase has taken a stand the crypto Behemoth has filed a motion to certify an appeal in this lawsuit challenging The sec's Stance and pushing for a reevaluation the backdrop of this appeal is a highstakes debate on the nature of cryptocurrency transactions and the extent of regulatory oversight they should be subjected to the court has already ruled in favor of coinbase in a partial Victory confirming that secondary sales of crypto assets on the exchange do not violate the Securities Exchange Act but the SEC

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