,Coinbase, the leading cryptocurrency exchange by trading volume in the United States, is once again under the legal spotlight. A new class-action lawsuit has been filed against the company, claiming that its entire business model has been unlawful from its inception. This case mirrors a similar lawsuit the company is currently facing.
Plaintiffs in the new lawsuit claim that the ALGO, XLM, SOL, MANA, MATIC, NEAR, UNI and XTZ tokens traded on Coinbase are, in fact, securities. The lawsuit was filed in the Northern District of California by west coast law firm Scott+Scott, which represents plaintiffs from California and Florida.
The lawsuit alleges that Coinbase has “knowingly, willfully, and repeatedly violated state securities laws since it began doing business.” In response to these allegations, Coinbase issued a statement denying the allegations as “legally unfounded,” expressing full faith in due process, and stating their intent to fully address the allegations at the appropriate time.
Related News: Automobile Giant Tesla Updated Payment Information: There is New Dogecoin Detail
Interestingly, this case bears a striking resemblance to another case currently pending in the courts. This other lawsuit also alleges consumer damages resulting from the sale of securities on Coinbase's platform. The case, which was initially dismissed in February 2023, was partially revived following a recent decision by the 2nd U.S. Circuit Court of Appeals.
This latest case differs from Coinbase's highly publicized legal battle with the Securities and Exchange Commission (SEC) on a similar issue, namely whether tokens sold on Coinbase are securities. In this ongoing case, Coinbase recently filed a temporary appeal challenging a judge's decision to allow the case to proceed.
*This is not investment advice.
Continue Reading: New Lawsuit Filed Against Coinbase: Affecting Solana and 7 Other Altcoins

美國交易量領先的加密貨幣交易所 Coinbase 再次受到法律關注。針對該公司提起了一項新的集體訴訟，聲稱其整個商業模式從一開始就是非法的。此案反映了該公司目前面臨的類似訴訟。該訴訟由西海岸律師事務所Scott+Scott 在加州北區提起，該律師事務所代表來自加州和佛羅裡達州的原告。法”。 ”針對這些指控，Coinbase 發表聲明，否認這些指控“毫無法律依據”，表示完全相信正當程序，並表示打算在適當的時候全面解決這些指控。的狗狗幣細節有趣的是，此案與目前法院正在審理的另一起案件極為相似。這另一起訴訟也指控消費者因在 Coinbase 平台上出售證券而遭受損失。該案件最初於 2023 年 2 月被駁回，在美國第二巡迴上訴法院最近做出裁決後部分恢復。即Coinbase 上出售的代幣是否為證券。在這起正在進行的案件中，Coinbase 最近提出了臨時上訴，質疑法官允許案件繼續進行的決定。繼續閱讀：針對 Coinbase 提起的新訴訟：影響 Solana 和其他 7 種山寨幣