📢【Blockchain Industry News】📢

Last week, a U.S. judge partially dismissed Coinbase's request to reject a shareholder class action lawsuit, which means Coinbase will have to face a class action lawsuit filed by shareholders due to regulatory risk concerns. New Jersey District Court Judge Brian Martinotti ruled that although the plaintiffs made a persuasive case against Coinbase's behavior in regulatory actions, they did not make persuasive evidence for most of the allegations.

Court documents stated that the plaintiffs fully accused Coinbase of misleadingly describing the possibility that the SEC would not take enforcement action, especially by repeatedly emphasizing that the crypto assets they listed were not securities.

🔍 This case highlights the regulatory risks facing the cryptocurrency industry, but Bitcoin, as a market leader, remains optimistic. 🚀