SEC vs. Coinbase Lawsuit Hearing: Is the Token Really a Security?

Iravan774

A judge in the Southern District Court of New York is deciding whether to dismiss the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Coinbase. The ruling will depend on whether the trading of any of dozens of cryptocurrencies should be classified as unregistered securities.

The lawsuit brought by the SEC against Coinbase involves a multitude of complex issues, but before addressing those, the judge must determine whether the dozens of tokens traded on U.S. exchanges fall under the category of securities.

Indra55

This is definitely not a security.

Jiten171

Let them argue about it themselves; after all, it exists.

Kahn332

It's worth looking into and paying attention to each approach.

Jafar224

Tokens should be acceptable, right?