Paradigm files in support of Coinbase in SEC battle, says Gensler has been insincere

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Quick Take
- Paradigm has filed an amicus brief in support of a lawsuit filed by Coinbase against the U.S. Securities and Exchange Commission.
- The venture capital fund argues that the SEC’s failure to provide the crypto industry with clear and timely rules has resulted in a “de facto ban.”
Paradigm, the VC fund led by Coinbase co-founder Fred Ehrsam, is moving to support the crypto exchange in its lawsuit against the SEC.
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