Coinbase's Chances to Beat SEC Exceed 50%, Believes XRP Advocate

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Coinbase's Chances to Beat SEC Exceed 50%, Believes XRP Advocate
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In high-stakes legal battle against SEC, Coinbase's odds of victory soar above 50%, according to prominent lawyer

In a recent legal development, Coinbase, the leading cryptocurrency exchange, has strengthened its position in its ongoing legal battle against the SEC. Lawyers representing Coinbase Paul Grewal emphasized that the SEC's attempt to classify any purchase with the anticipation of value increase as an investment contract, and consequently a security, exceeds the commission's jurisdiction.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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