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Law firms involved in SEC cases against Coinbase and Binance

Several top law firms in the US have been hired to defend cryptocurrency exchanges Coinbase and Binance against lawsuits filed by the Securities and Exchange Commission (SEC). The SEC accused Coinbase of failing to register with the agency, while Binance was accused of inflating trading volumes.

Coinbase has hired lawyers from Wachtell, Lipton, Rosen & Katz and Sullivan & Cromwell, while Binance has hired lawyers from Latham & Watkins, Gibson, Dunn & Crutcher, and Wilmer Cutler Pickering Hale and Dorr. Both companies have denied the allegations and the cases are expected to result in lengthy legal battles and high legal fees.

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