Judge rules that crypto trades made on exchanges are fair game for SEC
The judge in the $1.5M insider trading case stated that despite the trades happening on Coinbase, they should still be classed as securities.
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The judge in the $1.5M insider trading case stated that despite the trades happening on Coinbase, they should still be classed as securities.
Read more (2 min) →The CEO of ChainArgos believes that Coinbase doesn't operate a legal exchange and is violating the terms of its money transmitter licenses.
Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it's just selling Beanie Babies.
Brian Armstrong says the SEC asked Coinbase to stop trading on every asset but bitcoin shortly before it sued the company.
The trader placed $100K in options bets against Coinbase on Monday morning. The company's share price dropped nearly 19% just 24 hours later.
Coinbase wants the SEC to outline new regulations on crypto and digital tokens but the regulator says it's completely beyond its statute.
The SEC has already claimed that a number of the 150 tokens traded via Coinbase meet all of the requirements to be classed as securities.
Coinbase Global has launched a DeFi yield product to give users in more than 70 countries interest on DAI deposits, just not the US.