Coinbase (NASDAQ:COIN)'s chief legal officer Paul Grewal has revealed the exchange is planning to file an order seeking the dismissal of a securities-related lawsuit against it and is confident the exchange will win its fight. Meanwhile, one half of the couple charged with laundering billions of dollars worth of Bitcoin has reportedly admitted to being behind the 2016 Bitfinex hack and Hong Kong has kicked off retail crypto trading two licensed exchanges approved to offer cryptocurrency trading for non-professional investors.
Coinbase to file order seeking dismissal of SEC lawsuit
Coinbase is planning file an order seeking dismissal of the lawsuit by the Securities and Exchange Commission on Aug. 4.