Judge dismisses proposed class-action suit alleging Coinbase securities sales

by Aurelia Butler 1 February 2023, 22:40 169 Views

The suit brought charges under the Securities Act of 1933 and Exchange Act of 1934 and used the Howey test, established by the U.S. Supreme Court in 1946, to identify the tokens. The plaintiffs argued for each token individually. In his decision, Judge Paul Engelmayer stated regarding the Howey claims:

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Source: Cryptocurrency - investing.com

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Judge dismisses proposed class-action suit alleging Coinbase securities sales

Jim Cramer says investors need to have conviction and take advantage of ‘mistaken selling’

Fed raises rates a quarter point, expects ‘ongoing’ increases

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