Coinbase gets majority of token-sale customer lawsuit dismissed
COIN Coinbase Global Inc
$163.57 +2.17%
차트·분석 보기 → - 1Coinbase (COIN) has had the majority of a customer class-action lawsuit alleging the unlawful sale of unregistered securities dismissed.
- 2Judge Engelmeyer dismissed all claims concerning matched transactions, which account for 99.97% of trading volume, while allowing the inventory trading claims to proceed with at least $178 million in damages.
- 3The judge ruled that although Coinbase is not a legal seller in matched transactions, it acts as a dealer and underwriter in inventory transactions by transferring ownership.
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