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How the Grinch Tried To Steal Coinbase’s Right To Operate

June 30, 2023
in Web3
Reading Time: 2 mins read
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TL;DR

ICYMI: the SEC is suing Coinbase. It needs to have management over which crypto tokens Coinbase can/cannot promote.

In consequence, Coinbase has written a strongly worded letter to the decide, outlining why the SEC has no authorized jurisdiction over its enterprise.

Full Story

Again after we had been about 8 years previous, we satisfied our buddy’s youthful brother that Santa had put us answerable for selecting his Christmas presents.

…and that as a gaggle, we would determined he wasn’t getting something that yr.

The loopy half was:

As a 4 year-old, he did not throw a tantrum. As a substitute, he calmly walked to his arts n’ crafts nook and wrote Santa a strongly worded letter (in daring pink crayon).

Why the journey down reminiscence lane? Nicely, as a result of:

This story has eery parallels with newest information from the SEC vs. Coinbase lawsuit.

Securities legislation is boring as hell, and any further spice that may be added to an article on the subject, ought to be.

So, ICYMI: the SEC is suing Coinbase.

It needs to have management over what presents Coinbase will get for Christmas which crypto tokens Coinbase can/cannot promote.

In consequence, Coinbase has written a strongly worded letter to Santa the decide, outlining why (given its good habits over the previous yr) it deserves all of the Christmas presents on the planet the SEC has no authorized jurisdiction over which cryptocurrencies it sells.

Alright, that is it. That is the place the case is at.

Now you realize!

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Tags: CoinbasesGrinchoperateSteal
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