,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.
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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

美国交易量领先的加密货币交易所 Coinbase 再次受到法律关注。针对该公司提起了一项新的集体诉讼，声称其整个商业模式从一开始就是非法的。此案反映了该公司目前面临的类似诉讼。新诉讼中的原告声称，在 Coinbase 上交易的 ALGO、XLM、SOL、MANA、MATIC、NEAR、UNI 和 XTZ 代币实际上是证券。该诉讼由西海岸律师事务所 Scott+Scott 在加州北区提起，该律师事务所代表来自加利福尼亚州和佛罗里达州的原告。诉讼称，Coinbase“自开始开展业务以来，故意、故意且多次违反州证券法”。 ”针对这些指控，Coinbase 发表声明，否认这些指控“毫无法律依据”，表示完全相信正当程序，并表示打算在适当的时候全面解决这些指控。 相关新闻：汽车巨头特斯拉更新支付信息：有新的狗狗币细节 有趣的是，此案与目前法院正在审理的另一起案件极为相似。这另一起诉讼还指控消费者因在 Coinbase 平台上出售证券而遭受损失。该案件最初于 2023 年 2 月被驳回，在美国第二巡回上诉法院最近做出裁决后部分恢复。这一最新案件不同于 Coinbase 与美国证券交易委员会 (SEC) 就类似问题广为人知的法律斗争。 ，即 Coinbase 上出售的代币是否是证券。在这起正在进行的案件中，Coinbase 最近提出了临时上诉，质疑法官允许案件继续进行的决定。*这不是投资建议。继续阅读：针对 Coinbase 提起的新诉讼：影响 Solana 和其他 7 种山寨币