Coinbase Dismisses SEC Allegations, Claims ‘Extraordinary Abuse of Process’

Cryptocurrency
exchange Coinbase has filed its first legal response to the Securities
and Exchange Commission’s (SEC) allegations, saying the claims “lack all
merit.” It also argued that were SEC’s assertion of regulatory power over its cryptocurrency
services correct, the watchdog’s action violates its “due process rights and
constitutes an extraordinary abuse of process.”Coinbase
Slams SEC over ‘Securities’ ClaimsIn early
June…
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