The judge said that Coinbase was not handled well when it launched BCH, but it is unlikely to be fraudulent.

US District Judge Vince Chhabria said that the new assets of the platform were not handled well when they went online, but from a legal point of view, they are unlikely to be considered fraud. In October last year, Judge Vince Chhabria dismissed the insider trading allegations that Bitcoin cash investors had previously filed against Coinbase because the allegations lacked a legal basis. This time, more investors appealed and accused Coinbase of deliberately lowering the price of BCH and giving informed employees a chance to make a profit. Chhabria said that the appeal may be rejected again.