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SEC use of Terraform ruling hints Coinbase dismissal motion attack plan

Published 08/10/2023, 03:07 AM
Updated 08/10/2023, 04:40 AM
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A recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may approach the case against Coinbase (NASDAQ:COIN).

On July 31, the SEC scored a win after District Judge Jed Rakoff denied Terraform Lab’s motion to dismiss the case, rejecting its argument that relied on the “major questions doctrine.”

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