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by mikeyouse 1231 days ago
They did not win a lawsuit "against the SEC".. a judge dismissed a class action lawsuit from Coinbase users who had accused Coinbase of selling unregistered securities. Very, very different things.
1 comments

True, though the article does hint at such a lawsuit eventually being filed, similar to the Genesis and Gemini lawsuit, so those with interest in Coinbase shouldn't breathe too much of a sigh of relief:

"Last month, the U.S. Securities and Exchange Commission I(SEC) charged the now-bankrupt lender Genesis Global Capital and the exchange Gemini Trust, run by Cameron and Tyler Winklevoss, with selling unregistered securities.

Coinbase has said it has received SEC investigative subpoenas and information requests concerning its customer programs, including its processes for listing assets."