😬 https://www.bloomberg.com/news/articles/2023-06-06/coinbase-sued-by-sec-for-breaking-us-securities-rules
So what? They pay a fine and move on like any other bank?
Does anyone else think the SEC wants to help central banks make CBDCs the only digital currency?
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Their stock is down 14% in pre-markets. Their stock-based comp is already something like 70% of total revenue. This is NOT an ideal position.
Yikes. The central banks won’t bail them out either
A coup sûr c'est dans leurs intérêts
