The SEC continues to sue Coinbase, accusing the company of selling unregistered securities and providing an unregistered staking service. Coinbase lawyers believe that the SEC has no basis for these charges, since crypto assets were not legally recognized as securities. In response to Coinbase's complaint, the SEC is repeating its old arguments that cryptoassets are securities. Cryptocurrency lawyer John Deaton believes Coinbase has a 50% chance of winning in court.