Coinbase Shares Surge After Lawsuit Tossed By Judge

  • The United States District Court dismissed a class action lawsuit against Coinbase (COIN) this week, which led to the jump in its stock.
  • The lawsuit, which was brought against the crypto exchange last year, alleges that it sold multiple customers unregistered securities.
  • The customers also claimed that Coinbase owned these assets, and was aware when it sold them.
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