Coinbase users in the SEC lawsuit may be granted Amicus Curiae status, as lawyer John Deaton has asked if users of Coinbase and Binance can unite to fight for themselves. This could be a significant development in the history of the crypto market, as the lawsuits against the exchanges could drag on for a long time.
Deaton has managed to unite around 1,500 users so far in the Coinbase lawsuit, with the aim of making user voices heard while the exchange is defending itself in the lawsuit. The views of Coinbase users from states where the exchange has been charged with alleged violation of securities laws could also be helpful.
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