🚨Crypto giant Coinbase is seeking permission for an interlocutory appeal, challenging a recent court ruling on investment contracts. The appeal focuses on whether digital asset transactions, void of obligations to the original issuer, should be regulated as investment contracts by the SEC. This comes after Judge Failla denied Coinbase's motion to dismiss the SEC's case against it last month. Coinbase argues that the classification of such transactions as investment contracts is a pivotal legal question, with potential implications for the entire crypto industry. What are your thoughts?👇💭