🏛️ Coinbase is giving the SEC a run for its money! In a recent legal document, Coinbase cheekily suggested the SEC is trying to dodge the Howey test, a key determinant of what constitutes a security. This comes as part of Coinbase's ongoing dispute with the SEC over whether its staking program is an unregistered securities offering. Coinbase argues that no court in 78 years has found an investment contract without a post-sale contractual undertaking. Meanwhile, the SEC is also accusing Coinbase of listing 13 cryptocurrencies that are securities. But don't worry, Coinbase isn't taking this lying down. They've launched the Stand with Crypto campaign and even have a political action committee on their side. Stay tuned for the next episode of "SEC vs. Crypto"! 💪🚀