Letters From SEC, Coinbase To New York Federal Judge Prompt Hearing

(July 14, 2023, 7:36 AM EDT) -- NEW YORK — At a July 13 hearing before a New York federal judge, Coinbase Inc. and the Securities and Exchange Commission were given one week to clarify which motions they plan to pursue on the heels of a letter one week earlier indicating that the SEC will ask the court to strike various affirmative defenses raised by Coinbase, including invocation of the “major questions” doctrine, if the cryptocurrency company wins leave to seek judgment on the pleadings....