---
title: "Coinbase argues for motion to dismiss SEC’s ‘securities violation’ allegations"
url: https://daily.dev/posts/coinbase-argues-for-motion-to-dismiss-sec-s-securities-violation-allegations-3bvpqthht
source_url: https://techcrunch.com/2024/01/17/coinbase-sec-lawsuit-requests-dismissal/
type: article
source: "TechCrunch"
published: 2024-01-17T21:03:08.947Z
updated: 2024-01-17T21:03:08.034Z
tags: ["crypto", "blockchain", "coinbase"]
reading_time: 2
upvotes: 0
comments: 0
language: en
---

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# Coinbase argues for motion to dismiss SEC’s ‘securities violation’ allegations

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Coinbase argues for motion to dismiss SEC's 'securities violation' allegations. The suit was filed in June 2023, and Coinbase is requesting its dismissal. The SEC claims that certain cryptocurrencies available for trading on Coinbase are securities. Coinbase argues that cryptocurrencies are not under the jurisdiction of the SEC like shares in companies are. The judge questioned the SEC's definition of crypto assets as investment contracts.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/01/17/coinbase-sec-lawsuit-requests-dismissal/>

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Tags: [#crypto](https://daily.dev/tags/crypto), [#blockchain](https://daily.dev/tags/blockchain), [#coinbase](https://daily.dev/tags/coinbase)

[View this post on daily.dev](https://daily.dev/posts/coinbase-argues-for-motion-to-dismiss-sec-s-securities-violation-allegations-3bvpqthht)