Coinbase won a lawsuit over crypto transactions. 🪙🎉

Coinbase, a leading cryptocurrency exchange, has won a lawsuit against the Securities Exchange Act, confirming that secondary sales of cryptocurrencies on its platform do not violate the Act. 📝

The case involved a nationwide group of people who traded tokens on Coinbase from October 8, 2019, to March 11, 2022. 🗓️

The plaintiffs claimed Coinbase's actions amounted to offering and selling unregistered securities and violating securities laws. 🔐

Coinbase argued that secondary crypto-asset sales did not meet securities transaction criteria. 🔂

The court overturned some lower court decisions while upholding others. The ruling is seen as a step forward in holding crypto platforms accountable under securities laws and promoting investor protection in the evolving crypto space. 🪙

#exchange #court #BullorBear

You should be prepared tomorrow.

Its the turning point for Ripples XRP due to the Courts Decision.

The ruling wether XRP is a security or not will make or break the asset completely.

Be prepared to Stop Loss or Lose it all, or to buy in time - depending on the ruling.

#xrp #sec #court #pump #dump
$XRP $SOL $BTC