How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
Submitted by Anonymous (not verified) on Thu, 03/07/2024 - 00:30
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling.