How the Grinch Tried To Steal Coinbase’s Right To Operate
TL;DR
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ICYMI: the SEC is suing Coinbase. It needs to have management over which crypto tokens Coinbase can/cannot promote.
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Because of this, Coinbase has written a strongly worded letter to the choose, outlining why the SEC has no authorized jurisdiction over its enterprise.
Full Story
Again after we have been about 8 years previous, we satisfied our buddy’s youthful brother that Santa had put us in control of selecting his Christmas presents.
…and that as a bunch, 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 crimson crayon).
Why the journey down reminiscence lane? Effectively, as a result of:
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This story has eery parallels with newest information from the SEC vs. Coinbase lawsuit.
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Securities regulation is boring as hell, and any further spice that may be added to an article on the subject, must 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.
Because of this, Coinbase has written a strongly worded letter to Santa the choose, 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 recognize!
