Former Coinbase Manager Pleads Not Guilty To Wire Fraud Charges

In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbase and his brother have pleaded not guilty to wire fraud charges. 
The defense is based on the assumption that cryptoassets are not securities or commodities, and for this reason, the case could exert an impact on American jurisprudence related to crypto’s legal status….
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