Coinbase Stock Drops 1.35% Amid Legal Setback and Ark Invest Sale
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币界网报道：Coinbase shares fell 1.35% after a U.S. court rejected its attempt to dismiss a lawsuit alleging it sold unregistered securities. The SEC's case against Coinbase will proceed, focusing on whether certain tokens traded on the platform qualify as securities. Meanwhile, Cathie Wood's ARK Invest sold 70,792 Coinbase shares worth $10.7 million, continuing its recent divestment trend. Despite the legal setback, Coinbase maintains the SEC lacks clear crypto regulations and its services don't involve securities offerings. The case's outcome could significantly impact crypto exchange operations in the U.S.
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