Coinbase tells SEC it no longer thinks crypto is the future of finance
Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it’s just selling Beanie Babies.
Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it’s just selling Beanie Babies.
A judge in the SEC v. Terraform case has rejected reasoning from a recent Ripple ruling that differentiated between types of sales.
Brian Armstrong says the SEC asked Coinbase to stop trading on every asset but bitcoin shortly before it sued the company.
SAB 121 is ostensible evidence furthering an alleged grand conspiracy by the US government to impede the crypto industry’s access to banks.
In the SEC’s case against Ripple, a judge has partially denied the SEC’s request for summary judgment leading some to claim a win for Ripple.