Coinbase won a big legal battle about selling cryptocurrencies.
The court ruled that trading cryptocurrencies on Coinbase doesn't break securities laws.
The lawsuit involved people who traded on Coinbase from 2019 to 2022.
Plaintiffs said Coinbase sold unregistered securities, but the court disagreed.
The court focused a lot on understanding Coinbase's user agreements.
Coinbase and plaintiffs see the ruling differently: plaintiffs think it's good for investor protection, while Coinbase sees it as confirming their position.