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Bloomberg senior litigation analyst: Coinbase has 70% chance of winning SEC lawsuit

Elliott Z. Stein, a senior litigation analyst at Bloomberg, said that Coinbase has a 70% chance of winning against the SEC. He stated, "I attended the SEC's hearing against Coinbase and believe that Coinbase will win the motion to dismiss the SEC's main allegations (related to trading), but may not be successful in dismissing the charges of custody and broker-dealer." It is reported that Elliott Z. Stein predicted in March last year that Grayscale had a 70% chance of winning against the SEC.

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