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Could Coinbase’s SEC Battle Come Down to Its S-1 Filing?

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In the ongoing legal confrontation between cryptocurrency exchange giant Coinbase and the U.S. Securities and Exchange Commission (SEC), District Judge Katherine Polka Failla has raised eyebrows in the crypto community with her probing questions and comments related to the SEC’s 2021 approval of Coinbase’s S-1 filing. The relevant courtroom exchanges unfolded during a pre-motion hearing on July 13 and centered on Coinbase’s initial public offering (IPO) in 2021. Coinbase’s IPO, which required an effective S-1 filing with the SEC, allowed the company’s shares to be publicly traded for the first time. S-1 filings are the type of registration required by the […]
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