Coinbase: The listed digital assets are not securities, and we are willing to list securities if the SEC establishes rules

2023-03-14 13:44:44
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ChainCatcher news, according to CoinDesk, Coinbase denied in a non-party amicus brief submitted to the court that any tokens involved in insider trading by former Coinbase manager Ishan Wahi with colleagues are securities, stating that the digital assets listed on Coinbase are not securities, but if the U.S. Securities and Exchange Commission (SEC) provides appropriate guidance and regulations, Coinbase is willing to list securities.

It is reported that Wahi pleaded guilty in the insider trading case and was sentenced to 10 months in prison, and will return to court on March 22. Insiders indicate that Coinbase's statement should not be interpreted as a signal of support for Wahi, but rather an attempt to push the SEC to abandon what should be a criminal case. (source link)

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