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Coinbase Just Asked for Permission Again and Guess Who Said No This Time

BitcoinCrypto NewsRegulation/Negotiation 4 Doug Martinez August 15, 2024

An illustration of an angry judge in judicial robes, standing over two opposing lawyers (one dressed as a corporate executive) with arms crossed and one hand raised for emphasis; behind them is the U.S. Capitol building at sunset with dark clouds gathering above it, while on either side are stylized representations of cryptocurrency symbols amidst swirling stormy weather patterns. The judge's gavel lies broken in two pieces on the floor before him as a faint outline of Coinbase's logo appears partially obscured by smoke rising from the scene;

The never-ending saga of Coinbase vs. the world! Or, in this case, against a court decision they don’t like. Because what’s more fun than trying to appeal your way out of trouble? The SEC is basically saying, “Hey, we’re good with letting this lawsuit proceed because you guys are being super annoying about it.” It’s almost as if Coinbase thinks the law doesn’t apply to them just because they’re a cryptocurrency exchange

Source: bitcoin.com

SEC Opposes Coinbase's Appeal Request in Ongoing Legal Battle
https://news.bitcoin.com/sec-opposes-coinbases-appeal-request-in-ongoing-legal-battle
The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and the cryptocurrency platform to proceed. Last month, Coinbase sought appellate review after failing to get the case dismissed, marking a significant development in the ongoing legal tussle. The SEC’s stance came to light on Friday, as it argued that the […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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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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