Coinbase's Motion to Dismiss Under Rule 12c

Our podcast sponsor, Stream by Alphasense, connected us with Daniel Payne, Senior Fellow at the International Congress of Blockchain Legal Advisors, to discuss the stakes at play in the SEC vs. Coinbase $COIN case. International Congress of Blockchain Legal Advisors Website: https://icbla.legal/

Chapters:

[0:00] Introduction + Episode sponsor: Stream by Alphasense

[1:08] Daniel Payne quick background

[4:23] SEC vs. Coinbase $COIN - high level overview of the case

[8:45] What are the stakes the SEC is playing for here?

[11:11] $COIN response to the SEC

[18:09] $COIN on the regulatory uncertainty

[22:57] Ripple decision and how this impacts the $COIN case

[29:51] Congress working towards legislation of crypto and how that affects $COIN case

[32:57] $COIN's S-1 Defense

[36:43] Two allegations the SEC is leveling against $COIN

[39:55] Staking program and what the SEC is alleging about this program

[47:15] Likelihood of certain tokens becoming securities

[49:08] $COIN lingering liabilities from operating a commodities exchange without proper regulation?

[50:44] SEC argument on $COIN's internal Howey Test for allowing various tokens to trade on their platform

[53:04] SEC vs. $COIN case timing and final thoughts

Today's episode is sponsored by: Stream by Alphasense

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