Getbig Main Boards > Gossip & Opinions
Bitcoins - about to hit $5,000 per coin today!
loco:
SEC sues Coinbase as pressure on crypto world rises
June 6, 2023
"The Securities and Exchange Commission filed a lawsuit against cryptocurrency exchange Coinbase Global (COIN) as the regulator turns up its pressure on the crypto world.
The SEC alleges Coinbase, the largest crypto exchange in the US, violated securities laws by acting as an exchange, a broker and a clearing agency without registering with the agency. It also offered and sold securities without registering its offers and sales, the SEC said."
https://finance.yahoo.com/news/sec-sues-coinbase-as-pressure-on-crypto-world-rises-144019913.html
affeman:
--- Quote from: gib on June 02, 2023, 11:46:15 PM ---Interesting observation how when BTC price becomes stable, less people seem interested in discussing it here.
Well, that stability may be about to end, with an upward trend again about to emerge. We have the halfing approaching in less than a year, and we have China suddenly opening up the fiat floodgates via banks in Hong Kong, making was for Billions to flow into Bitcoin. Strategically quite smart to take advantage of the regulatory confusion in the US. Next 12 months could be very interesting and make the current price at below 30K seem like an absolute bargain...
--- End quote ---
"To the moon!!" "HODL" "It's still early...!!" lol
::) ::)
Flexacon:
--- Quote from: loco on June 07, 2023, 04:24:55 AM ---SEC sues Coinbase as pressure on crypto world rises
June 6, 2023
"The Securities and Exchange Commission filed a lawsuit against cryptocurrency exchange Coinbase Global (COIN) as the regulator turns up its pressure on the crypto world.
The SEC alleges Coinbase, the largest crypto exchange in the US, violated securities laws by acting as an exchange, a broker and a clearing agency without registering with the agency. It also offered and sold securities without registering its offers and sales, the SEC said."
https://finance.yahoo.com/news/sec-sues-coinbase-as-pressure-on-crypto-world-rises-144019913.html
--- End quote ---
Probably just ends in fines. Binance is where shit is looking like hitting the fan.
--- Quote from: affeman on June 07, 2023, 04:30:21 AM ---"To the moon!!" "HODL" "It's still early...!!" lol
::) ::)
--- End quote ---
None of the current news stories has much to do with bitcoin as a protocol. Price dumping is an opportunity. Needs to dump a lot more before I'm interested though.
gib:
Both Binance and Coinbase are selling Eth and other shitcoins and unregistered securities. The message here is clear. Sell unregistered securities and you are fucked...
Flexacon:
--- Quote from: gib on June 07, 2023, 04:51:02 PM ---Both Binance and Coinbase are selling Eth and other shitcoins and unregistered securities. The message here is clear. Sell unregistered securities and you are fucked...
--- End quote ---
I wouldn't get too excited just yet
The message to coinbase was regarding staking as service (the CEO has said he will continue operating staking services and meet SEC/Gensler in court)
Binance has a whole heap of different issues going on similar to FTX (CEO has said he doesn't need to appear in person for his summons)
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