Coinbase asks a judge to dismiss the SEC's lawsuit, arguing that the case “falls outside the agency's delegated authority” as Coinbase doesn't trade securities
we do not offer “investment contracts” as that term has been construed by decades of Supreme Court and other binding precedent. 1/3 https://assets.ctfassets.net/ ... @iampaulgrewal : By ignoring that ...
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @mcuban , @panekkkk ,...
The EU issues Meta a record €1.2B GDPR fine for sending European user data to the US and orders stopping the transfers and unlawful processing within six months
but only for 15 minutes European Data Protection Board : Binding Decision 1/2023 on the dispute submitted by the Irish SA on data transfers by Meta Platforms Ireland Limited for its Facebook service (...