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Coinbase faces copycat class action suit asserting tokens are | Coins▪︎Trading▪︎Crypto News

Coinbase faces copycat class action suit asserting tokens are securities in echo of pending case

Coinbase, the largest cryptocurrency exchange in the United States by volume, is facing a fresh lawsuit from customers who say the company's entire business model was illegal from the start, in an echo of a case already faced by the company. In a statement, the company called the claims "legally baseless," writing, "We have full faith in the judicial process and look forward to addressing them in full at the appropriate time."

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