• Written by: Crypto Breaking News
  • Wed, 06 Mar 2024
  •   United Kingdom

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.Source: CoinDeskThe post How the SEC’s Recent Win May Play in Its Coinbase, Binance Cases appeared first on Crypto Breaking News.

How the SECs Recent Win May Play in Its Coinbase, Binance Cases

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 Commissions motion for a default ruling.Source: CoinDesk

The post How the SECs Recent Win May Play in Its Coinbase, Binance Cases appeared first on Crypto Breaking News.