Coinbase recordsdata temporary in SEC Wahi case, says it doesn’t promote securities, however want to

Cryptocurrency alternate Coinbase (NASDAQ:) filed an amicus temporary in help of a movement to dismiss the case introduced by the US Securities and Change Fee (SEC) in opposition to former Coinbase product supervisor Ishan Wahi and different for insider buying and selling. Coinbase condemns the defendants conduct, it stated within the temporary, however helps the defendants’ movement due to the SEC’s assumption that the alternate listed securities on its platform.

Coinbase said in its amicus (“good friend of the court docket”) temporary that it had absolutely cooperated with the investigation of Wahi, his brother and their good friend and it implied that it was beneath judgment within the case as nicely:

Proceed Studying on Coin Telegraph