Law360, in an article published on February 1, 2024, reported on developments in one of the firm’s matters – a crypto-asset class action, in which Selendy Gay represents Coinbase users who claim they lost money trading cryptocurrencies on one of the company's two exchanges. The article, “2nd Circ. Hints It May Revive Coinbase User Suit,” wrote that the Second Circuit “appears ready to revive a proposed class action accusing crypto platform Coinbase of selling unregistered securities.” Jordan Goldstein, a partner at Selendy Gay, leads the firm’s representation of the plaintiffs.
The article can be read on Law360’s website (subscription required).
The case is Underwood v. Coinbase Global Inc., case number 23-184, in the U.S. Court of Appeals for the Second Circuit.
