6 Law Professors File Amicus Brief Supporting Coinbase In US SEC Case

Crypto News: Six law professors and scholars who are experts in securities law and related fields have filed amicus brief in support of crypto exchange Coinbase in the lawsuit against the U.S. Securities and Exchange Commission (SEC). The brief was filed after careful application of the securities laws and to help the court understand the history of the securities laws, they said in the filing to the US District Court, Southern District of New York. This comes a day after Senator Cynthia Lummis submitted an amicus brief in favor of the exchange.