Coinbase must face customer lawsuit in New York

Quick Summary:

NEW YORK : Coinbase must face a lawsuit by customers who accused the largest U.S.cryptocurrency exchange of illegally selling securities without registering as a broker-dealer, a federal judge ruled on Friday.U.S.

"We look forward to vindicating the remaining claims in the district court".

The case is Underwood et al v Coinbase Global Inc et al, U.S.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Engelmayer Securities Judge Seller District Manhattan Coinbase Federal Exchange Court Customers

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 02:49:47 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25965799

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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