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Coinbase Vs SEC: Ripple CTO Shares Take on Coinbase Brief

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Reactions to Amicus Briefs Supporting Coinbase Surprisingly, Coinbase Exchange has garnered a lot of support from industry giants and scholars in the legal profession who have filed an Amicus submission on its behalf.  advertisement Besides Senator Cynthia Lummis , industry giants including Andreessen Horowitz (a16z) and Paradigm as well as six law professors from Yale, the University of Chicago, the University of California Los Angeles, Fordham, Boston University, and Widener University have all shown their support. While the arguments presented by these Amicus Curiae have done good justice to weakening the SEC ’s SEC urities claims, experts like Schwartz have also pointed out some flaws in the argument. One of the flaws noted relates to the poor Analysis of the holding in Joiner. “I think the weakest point in that brief is that they don’t do a good job of addressing the holding in Joiner. But at most, Joiner says that if a reasonable b...