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Discovery ruling favors Coinbase in SEC battle as shares fall to 7-month low

Judge Rules in Coinbase’s Favor in SEC Battle Coinbase wins motion to compel discovery. Key documents must be shared with the SEC. A federal judge has ruled in Coinbase’s favor in an ongoing legal battle with the US Securities and Exchange Commission, ordering the SEC to produce documents that strengthen Coinbase’s defenses. Coinbase argues that … Read more

Report Claims Crypto Investors, Executives Plan Fundraising For Kamala Harris

Crypto group Harris plans fundraiser, says Reuters The goal is to raise $100,000 for the Democratic presidential nominee. The industry is looking for more positive crypto policies. Crypto Investors and Executives Urge Vice President Kamala Harris to Take a Positive View of the Industry reported. Cleve Mesidor, executive director of the Blockchain Foundation and one … Read more

OpenSea NFT Market Targeted by SEC for Potential Securities

OpenCy said it received a Wells notice from the SEC. 'They believe the NFTs on our platform are securities,' said CEO Devin Finzer. The crypto community was shocked by the potential case. OpenSea, one of the world's largest marketplaces for NFTs, Said Wednesday was subject to pending litigation from the US Securities and Exchange Commission. … Read more