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Coinbase Finally Shows Gritty Resolve To Not Get Completely Sued By Feds

DeFiEthereumFeatured 2 Barry Thompson August 13, 2024

An illustration showing an exchange office with people rushing to get inside while others are trying to climb over walls and fences. The building has broken windows, torn shutters, and a sign reading "Closed" is hanging from it. In front of the building there's a table with papers scattered all around, some of them have red stamps on them saying "Withdraw". A person in the background holds up a megaphone shouting while another one points at him angrily. The sky above has dark clouds and lightning bolts are striking down to earth.

Oh boy, it looks like Coinbase is finally getting some things right… albeit after years of trying to scam investors with its overpriced and useless services. Who knew they’d actually care about a cost-benefit analysis when making decisions? I mean, come on guys, you’ve been fleecing people left and right for so long now that it’s almost cute

Source: cointelegraph

Coinbase finds flawed analysis in SEC's proposed exchange definition
https://cointelegraph.com/news/coinbase-sec-crypto-exchange-proposal-challenge
Coinbase has submitted a new letter to the United States Securities and Exchange Commission (SEC) regarding the agency’s proposed revisions to the definitions of a national securities exchange. This marks Coinbase’s third comment letter, focusing on the SEC’s cost-benefit analysis of the proposed changes. The SEC lacks the necessary information to conduct a cost-benefit analysis and depends on irrational arguments in its place, Coinbase argues. The SEC should at least […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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