Odaily News According to the court order on Thursday, the US SEC will respond to Coinbase's first legal defense on July 13th. The date of the hearing is now much earlier than expected due to Coinbase's adoption of a "creative" defense strategy.



During the court appearance on July 13th, Judge Katherine Polk Failla will decide whether to allow Coinbase to proceed with its motion to dismiss filed yesterday.



It is reported that Coinbase submitted its initial response 40 days before the August 7th deadline. Therefore, the pre-trial conference was changed to a motion conference and the date was moved up from August 24th to July 13th. The pre-trial motion conference is an application made by the prosecutor or defense attorney requesting the court to make a decision on a particular issue before the trial.



Yesterday, Coinbase's Chief Legal Officer Paul Grewal tweeted that Coinbase has provided a response and intent to the SEC's lawsuit and has formally submitted a motion to dismiss to the Southern District of New York. Paul Grewal further pointed out that Coinbase is open to dialogue with any regulatory agency, including the US SEC, and believes that new legislation and rule-making will be the right path forward, but the claims in this case go far beyond the scope of existing laws and should be dismissed. (CoinDesk)