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Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

The crypto exchange is trying to appeal part of a judge's recent denial of its motion to dismiss, focusing on whether the SEC can treat secondary trades as investment contracts.

CEO Brian Armstrong's Coinbase is appealing a key point in its court dispute with Chair Gary Gensler's Securities and Exchange Commission. (CoinDesk)
CEO Brian Armstrong's Coinbase is appealing a key point in its court dispute with Chair Gary Gensler's Securities and Exchange Commission. (CoinDesk)