法官规则Coinbase必须面对未注册证券销售的诉讼

它引发了有关加密法规和资产分类的辩论

A federal judge has ruled that Coinbase must face a lawsuit filed by customers, over claims that the exchange sold unregistered securities. The decision comes amid a broader legal battle over the classification of crypto assets in the U.S.

一名联邦法官裁定，Coinbase必须面对客户提起的诉讼，声称该交易所出售了未注册的证券。该决定是在美国加密资产分类的更广泛的法律斗争中得出的

The lawsuit, filed in 2018, accuses Coinbase of selling securities illegally without registering as a broker-dealer. The customers allege that Coinbase sold them 79 tokens that were unregistered with the SEC.

该诉讼于2018年提起，指责Coinbase非法出售证券而没有注册为经纪交易商。客户声称Coinbase将他们卖给了SEC未注册的79个令牌。

Coinbase has maintained that it did not pass ownership of the tokens, and that the customers were engaged in direct trades on the exchange. However, the court ruled that this argument was not valid under federal securities law.

Coinbase坚持认为，它没有通过代币的所有权，并且客户从事交易所的直接交易。但是，法院裁定，根据联邦证券法，这一论点无效。

“The Court finds that Plaintiffs have plausibly alleged that Coinbase acted as a seller of the Tokens,” the judge wrote in his decision. “Coinbase was in the business of selling Tokens, and it sold Tokens to Plaintiffs.”

法官在他的裁决中写道：“法院认为原告可能声称Coinbase是代币的卖方。” “ Coinbase从事出售代币的业务，并将令牌卖给了原告。”

The court also sustained all state laws brought forward by customers filing complaints in California, Florida, and New Jersey. According to the court, the customers established sufficient grounds to prove Coinbase provided selling services to them under these state laws.

法院还维持了客户在加利福尼亚，佛罗里达州和新泽西州提出投诉的所有州法律。据法院称，客户建立了足够的理由，以证明Coinbase根据这些州法律为他们提供了销售服务。

Coinbase denies the claims and says it does not sell securities on its exchange. The company said in a statement that it is confident it will prevail in the lawsuit.

Coinbase否认了索赔，并表示在其交易所不出售证券。该公司在一份声明中表示，它有信心在诉讼中占上风。

“Coinbase does not list, offer, or sell securities on its exchange,” the statement said. “We are pleased that the Court agreed and dismissed several of Plaintiffs’ claims. We look forward to continuing to demonstrate our legal defenses in district court.”

声明说：“ Coinbase不会在其交易所列出，提供或出售证券。” “我们很高兴法院同意并驳回了一些原告的主张。我们期待继续在地方法院证明我们的法律辩护。”

Coinbase faces several other lawsuits over the sale of unregistered securities. In June 2023, the SEC filed a lawsuit against Coinbase, alleging that the exchange operated an unregistered securities platform and failed to register as a broker.

Coinbase面临有关出售未注册证券的其他几项诉讼。 2023年6月，美国证券交易委员会（SEC）对Coinbase提起诉讼，指控该交易所经营着一个未注册的证券平台，未能注册为经纪人。

Coinbase filed a petition with a U.S. appeals court in January 2024, seeking a ruling that crypto trades are not considered securities transactions. The exchange argues that digital trade transactions should be classified as asset sales, rather than securities exchanges.

Coinbase于2024年1月向美国上诉法院提交了请愿书，并寻求一项裁决，即加密货币交易不被视为证券交易。交易所认为，数字贸易交易应归类为资产销售，而不是证券交易。

The outcome of these legal battles could significantly impact the future regulation of crypto assets in the United States.

这些法律斗争的结果可能会严重影响美国加密资产的未来监管。