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Bitcoin.com 2023-07-17 08:00:18

Judge Criticizes SEC Approval of Coinbase IPO in Pre-Motion Conference

Southern District of New York judge Katherine P. Failla called to attention the U.S. Securities and Exchange Commission’s (SEC) approval of Coinbase’s Initial Public Offering (IPO), hinting that the agency could have been more thorough. Failla expressed skepticism about the SEC’s posture that approving the Coinbase S-1 form to go public meant “nothing,” stating that

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