🚀 Coinbase Asks Court to Force CFTC to Turn Over Information to Defend Against SEC Lawsuit! 📜

- Coinbase wants CFTC communications with issuers of 12 tokens that the SEC says are unregistered securities.

- Coinbase argues that this information is critical to its defense and to determining whether the tokens are securities.

- The CFTC rejected Coinbase's previous request as overly broad and burdensome.

- The SEC sued Coinbase in June 2023, alleging that the exchange acted as an illegal broker, securities exchange, and clearing house.

👉 What do you think of Coinbase's move? Comment below! 💬