Coinbase Cites Binance Case for Interlocutory Appeal in SEC lawsuit

In the latest development, crypto exchange Coinbase has submitted a notice requesting an interlocutory appeal while citing Judge Jackson’s decision in the Binance BNB case. Last week, Judge Jackson said that Binance’s BNB token sale in the secondary markets doesn’t qualify as securities. As a result, Coinbase has questioned how two different judges can treat two exchanges differently over regulatory rules.