On this breaking crypto information video, we’re reporting that the court docket has dominated that the SEC should reply to the COINBASE lawsuit.
source
On this breaking crypto information video, we’re reporting that the court docket has dominated that the SEC should reply to the COINBASE lawsuit.
source
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This just means the SEC needs to respond to the court & Coinbase’s petition. It’s not ordering the SEC to respond to Coinbase’s original July 2022 request.
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If the courts decide that xrp is NOT a security will the SEC have to pay back the fines money imposed on other crypto promoters and exchanges ??
PLEASE REPLY
Buy Coin Base to support😊 crypto
Nice. Finally a court is ordering the SeC to DEFINE things. This will be a win no matter what the SEC does now.
SEC, CDC, lots of similarities
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Sooner or later they will answer, and I'm pretty sure it will be another reason for a Bitcoin bull run. I'm just gonna be packing my OWNR wallet with Bitcoin while it's still pretty cheap.
👍👍
You know SEC will just respond with the usual double speak "When a group of people blah blah blah " like what Gensler said during his grilling hearing. Now they write the same statement on paper.
About time the SEC were held accountable well done Coinbase 👍👊🍀
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coinmarketcap don’t show u $PEPE
top2 meme close 1b marcetcap they go viral it’s all second 29 -50 new holder don’t miss like shib it’s like btc 2010 and shib 2021!!!! It’s gl maybe x10 x100 soon
$pepe all or they control Ure money !!! Luna , ftx Solana all stole Ure money they create coin for 0.12 Cent to sell u for 200€ or 100€ now u disband hand this shit ?!! All go Pepe $pepe frogs strong together
Isn't this a big gamble? What if they respond with an anti-crypto statement? At least right now the SEC has been fairly neutral… Some annoying plays by SEC, but nothing totally destructive
Every crypto exchange needs to join on with Coinbase and make this a class action.
Thank you I just received the amount directly into my wallet am so happy
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It's obvious that the SEC has been trying to destroy the crypto industry when it does not have the authority to do so. It has avoided giving the crypto industry clarity because they don't want to help it survive, they are hoping to destroy it quietly. Why, because it makes the banking industry to unstable. Case in point, Silvergate and Signature Bank. Both invested heavily in crypto and when the market crashed it squeeze them out just like it happened to Celsius and all the other staking/passive income DEFI platforms. Now, they will be forced to explain their position and it will be shown that they have no authority over crypto and furthermore that they are misapplying their security laws and regulations written almost 100 years ago to a technology and assets that are much different. I think they will get exposed and it will cause XRP to win their lawsuit and a new governing body will emerge for crypto.
As a UK resident with my main account with Coinbase I have Bitcoin and Eth should I be concerned and move away?
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Even if the market keeps falling, if you're an expert, you won't have any trouble making big gains despite the downturn. How long you are willing to hold will determine everything.
SEC has been lazy & has over reached their power. It is time for change & to protect Crypto
That means it’s due tomorrow. Ummm hmmm
Bottom line: the court has no enforcement powers. The DOJ has to enforce any orders and they absolutely will not. This is a nothing burger.
No one likes SEC but lets not pretend that Coinbase is squeaky clean as an exchange and as a company. They're known for their insider trading and them halting withdrawals and locking out people from their accounts. Maybe they deserve being investigated by the SEC…
I got this gut feeling that Coinbase ain't gonna make it through this mess. I'm talkin' a few months, tops, before they go belly up and hit the bankruptcy wall.
Coinbase is just as sketchy as FTX. Armstrong is basically the next SBF, I'm telling you! 🤣
they ain't got enough dough to keep up this fight with the SEC, I'm telling ya. They just dropped their financial papers and it's a hot mess. They've been in the red for four straight quarters, losing billions each time. That's a helluva losing streak, and that's why I think they ain't gonna make it.
didn't Coinbase went public even without being officially registered as a broker? It's like they're playing a risky game. I can't wait to see what happens when the SEC catches wind of that
remember that investigation where it came out that Coinbase was selling user data and geo-location info to ICE? They even got hit with a lawsuit for it. So, honestly, I'm not surprised that the SEC is sniffing around their business now. It's like they're just attracting trouble, haha! 😜
I'm on board with you about the SEC needing to step up and regulate the crypto scene, but let's not forget that Coinbase is digging its own grave here. They're not just dealing with the SEC, but also facing legal issues in various countries and lawsuits left and right. It's all over the news. To be honest, it seems like the SEC is cutting Coinbase some slack considering the mess they're in.
they totally brought this SEC issue upon themselves. I mean, Coinbase has had a crappy reputation for ages when it comes to handling fund transfers during those intense, wild moments. It's like they conveniently decide to take a break when things get real. If you ask me, Coinbase needs to get their act together and fix their darn issues before anything else.
As much as I despise the SEC, I gotta admit they've got the upper hand against Coinbase. Let's face it, Coinbase isn't exactly squeaky clean with all those lawsuits piling up from various governments and institutions. And on top of that, their massive losses are seriously taking a toll on their strength. It's like they're bleeding money left and right, and pretty soon those lawyer fees will drain their coffers completely. It's not looking good for them, to say the least.
Coinbase needs to quit whining about being treated unfairly when they're guilty of dishing out the same treatment to their own users. It's like, dude, clean up your own mess before pointing fingers at the SEC. There are thousands of Coinbase customers with millions of their hard-earned dollars stuck in their wallets, and Coinbase is straight-up denying them access even though they have the means to help. No wonder the SEC is dragging them to court. Brian Armstrong, listen up! Hear the desperate cries of your customers whose assets are being held hostage by your company. Time to do right by them!
they're doomed if they keep messing with the SEC. Coinbase is struggling to make a buck. They've been in the red, profit-negative for months on end. Just take a peek at their latest financial reports. It's a bloodbath. Their balance sheet is drowning in red ink. Even the most crypto-friendly jurisdiction can't fix their deep-rooted issues. It's a rough road ahead for them, no doubt about it.
It's honestly baffling that people are sticking with Coinbase when there are so many other options out there, and ones that are way better and safer. These exchanges don't go around locking your account or putting a halt on your withdrawals, you know? And even if Coinbase loses against the SEC, it won't make much of a difference. They're just a tiny speck in the market, really.
Here's the deal, even if Coinbase manages to come out on top in their battle with the SEC, the real issue is that people are already ditching them. Users have been flocking towards platforms like Kucoin and Binance, which have millions of users. Let's face it, Coinbase is nothing compared to them. I can't blame folks for making the switch though. With all these SEC problems hanging over Coinbase, it's better to be safe than sorry.