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Showing posts with the label joint stipulation

South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

Crypto Exchange Coinbase Wins Dismissal of Lawsuit in South Carolina South Carolina has joined a growing list of US states to dismiss a lawsuit against crypto exchange Coinbase over its staking services. The state's Attorney General's securities division had accused the exchange of offering unregistered securities, but the lawsuit was officially dismissed on March 27 in a joint stipulation between Coinbase and the division. This dismissal marks another victory for Coinbase in its legal battles, following a similar dismissal in Vermont earlier this year. Coinbase's Response to the Dismissal Coinbase's chief legal officer, Paul Grewal, took to social media to announce the news, stating that "South Carolina just joined Vermont to dismiss its unfounded staking lawsuit against Coinbase." He also added the hashtag #LegalWinning to celebrate the victory. This dismissal further solidifies Coinbase's stance on its staking ...