The US Securities and Substitute Commission has again been accused of overstepping its authority and unfairly labeling crypto property as securities, this time in its insider trading case towards ex-Coinbase workers.
In an amicus brief filing on Feb. 22, the U.S.-essentially based totally Chamber of Digital Commerce argued the case need to be brushed off because it represented a selection of the SEC’s “regulation by enforcement” advertising campaign and seeks to indicate secondary market transactions as securities transactions.
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