Coinbase to face shareholder lawsuit over SEC risk, judge rules

A federal judge has rejected Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders, Reuters reported Sept. 6. The lawsuit accuses the largest US crypto exchange of downplaying the likelihood of being sued by the US Securities and Exchange Commission (SEC). US District Judge Brian Martinotti ruled on Sept. 5 that shareholders adequately […] source: https://cryptoslate.com/coinbase-to-face-shareholder-lawsuit-over-sec-risk-judge-rules/