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Lawyers at Wachtell, Lipton, Rosen & Katz and another team from Morrison & Foerster will represent OpenAI, its CEO Sam Altman and others on the lawsuit, according to a filing made public on Monday in San Francisco Superior Court.
OpenAI is bringing in some heavy hitters in its legal battle with Elon Musk — including one lawyer who helped force him to buy Twitter.
The exchange is arguing that crypto assets cannot be considered investment contracts.
The SEC sued Coinbase last year, and Coinbase last week sought a dismissal. The judge is likely to make a decision on the dismissal in the next three months.
Plus: Crypto is beanie babies, Coinbase says.