Coinbase CLO: Ready to Continue the Lawsuit with the SEC and Confident

ChainCatcher news, Coinbase's Chief Legal Officer paulgrewal.eth posted on the X platform stating that today the court has decided that the case between Coinbase and the SEC will continue to proceed for damages, but dismissed the claims against Coinbase Wallet. Coinbase is currently prepared for this and looks forward to gaining more insight into the SEC's internal views and discussions on cryptocurrency regulation.

The motions previously initiated by Coinbase have always been rejected, but clarifying regulatory clarity is Coinbase's ultimate goal. Today's court decision will allow Coinbase to continue on this path, and they remain confident in their legal arguments. Coinbase looks forward to proving themselves right and is eager for the opportunity to obtain evidence from the SEC for the first time.