Terra Vs US SEC: Coinbase CLO, XRP Attorneys Respond As SEC Denies Torres Doctrine

The US Securities and Exchange Commission (SEC) on Friday responded to Terraform Labs and Do Kwon’s motion to dismiss the lawsuit based on Judge Torres’ summary judgment ruling in the US SEC v. Ripple Labs case. Coinbase chief legal officer Paul Grewal and pro-XRP attorneys reacted to the SEC’s contradicting decision in the XRP lawsuit.

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