![]() ![]() Unfortunately for Coinbase, if you're putting forth a "novel" argument in response to a potential lawsuit, that's not a position you want to be in. The Wall Street Journal devoted a whole story on Friday to Coinbase's "novel defense," providing the company an opportunity to amplify its point that the SEC's recent crusade is unfair. ![]() The argument is appealing and easy to understand and is getting some traction in the media. ![]() More from Fortune: 5 side hustles where you may earn over $20,000 per year-all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home Instead, you gave us the go-ahead to be a public company just two years ago. It goes something like this: If you think our business is illegal, you could have said so earlier. Coinbase is road-testing a new line as it ramps up its legal fight against the Securities and Exchange Commission. ![]()
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