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Coinbase legal chief sees a big hole in the SEC's crypto securities claims

The Scoop

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Binance's Delisting of a Third of Its Assets

Binance's complaint is very different in our case certain no certain number of tokens were claimed or alleged to be securities a few products. The sec believes we operate uh an unregistered security exchange because we sell or trade secure offer trading insecurities the binance complaint by contrast had those charges plus a whole host of other accusations regarding wash trading prop trading. Coin base make a similar move it's almost seems like in a minutes of defeat well i i can't obviously speak for binance, frank says.

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