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For similar reasons, Coinbase stated that SEC charges that Coinbase's staking and wallet services violate securities laws should be disregarded. The CryptoLaw founder emphasized the significance of this date, adding that oftentimes, judges will not schedule an oral argument on an MTD because this is frequently refused based on the papers alone. He went on to say that Coinbase MTD is rather different, and hence, the judge is giving it the attention it deserves.