No surprises here: SEC claims against Coinbase to proceed
A U.S. federal judge ruled that the SEC had "sufficiently pleaded" that Coinbase operated as an exchange, broker, and clearing agency, and engaged in the unregistered sale of securities.
Latest Katherine Polk Failla News
Coinbase protests as judge declares token trades are securities transactions
Coinbase filed a notice to Judge Polk Failla on March 5, saying that Judge Lin's ruling "was procured against an empty chair and its reasoning reflects as much."
US judge orders Tether to produce detailed documents on USDT’s backing
The order from U.S. District Judge Katherine Polk Failla is part of a case that's been ongoing since 2019, where a group of traders sued Tether and accused it of causing over a trillion dollars' worth of damages.