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securities exchangeCoinGape
•65% Informative
Bitcoin exchange has filed a motion to compel the U.S. Commodity Futures Trading Commission ( CFTC ) to produce communications with issuers of 12 tokens named in a related lawsuit brought by the Securities and Exchange Commission ( SEC ) The SEC has accused the exchange of listing these tokens without meeting the necessary requirements to be a securities exchange.
According to the exchanges CLO Paul Grewal , these documents may be relevant to deciding whether the assets are investment contracts.
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