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Coinbase trader makes $25M on options bets day before SEC suit

The trader placed $100K in options bets against Coinbase on Monday morning. The company’s share price dropped nearly 19% just 24 hours later.

SEC won’t give into Coinbase demands, says it wants the impossible

Coinbase wants the SEC to outline new regulations on crypto and digital tokens but the regulator says it’s completely beyond its statute.

Pepecoin investors are up in arms over Coinbase’s reference to Pepe’s alt-right past, creating a Twitter hurricane of ‘comical’ proportions.

Coinbase legal chief Paul Grewal sent a 23-page letter to the SEC explaining why its RIA proposal will harm the crypto industry.

Coinbase has been losing money consistently since the start of 2022 with Q2 of last year seeing it shed more than $1 billion.