The legal dispute between Coinbase and the SEC has entered a crucial phase, with Judge Failla setting deadlines for submissions. Coinbase must submit legal briefs outlining its arguments, evidence, and supporting documents by August 4, 2023, while interested parties can submit amicus briefs by August 11.

The SEC will present its own legal brief by October 3, followed by Coinbase's reply brief on October 24. The dispute centers on the SEC's accusation that Coinbase offered unregistered securities, and the upcoming submissions will provide important insights into the arguments and evidence of both parties.