🚨 U.S. regulators are pushing back against Coinbase's attempt to dismiss the securities law violation case it faces, claiming the crypto exchange's arguments have "fatal flaws." The SEC sued Coinbase in June for failing to register as a securities exchange and is now asserting that customers on Coinbase's trading platform were entitled to federal securities law protections. Coinbase argues that crypto trades don't meet the definition of an investment contract, but the SEC disagrees. Will this lawsuit impact the future of crypto trading? Share your thoughts in the comments! 💭