Judge Allows Crypto Company’s Appeal Of Ruling On SEC Enforcement To 2nd Circuit

( January 27, 2025, 11:00 AM EST) -- NEW YORK — After issuing a split ruling on Coinbase Inc.’s motion for judgment on the pleadings last spring, a federal judge in New York granted Coinbase’s motion to certify the order for interlocutory appeal, determining that a controlling question of law exists regarding the application and reach of SEC v. W.J. Howey Co.’s three-prong securities test for crypto-asset transactions....

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