The crypto exchange says in its amicus brief that the accused inside traders can’t answer for its listing decisions in the current regulatory uncertainty.
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Cryptocurrency exchange Coinbase filed an amicus brief in support of a motion to dismiss the case brought by the United States Securities and Exchange Commission (SEC) against former Coinbase product manager Ishan Wahi and other for insider trading. Coinbase condemns the defendants conduct, it said in the brief, but supports the defendants’ motion because of the SEC’s assumption that the exchange listed securities on its platform.
Coinbase stated in its amicus (“friend of the court”) brief that it had fully cooperated with the investigation of Wahi, his
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