In a recent court hearing, a lawyer representing Coinbase Global Inc (NASDAQ:COIN) compared buying cryptocurrencies to collecting Beanie Babies, a popular toy from the 1990s. The lawyer argued that buying crypto tokens doesn’t grant the buyer any rights, unlike traditional securities. The case could have significant implications for the collectibles market. What Happened: In a recent court hearing on Wednesday, a lawyer representing Coinbase, William Savitt, likened buying cryptocurrencies to collecting Beanie Babies, reported Business Insider. The argument was presented as part of a lawsuit f…
