Coinbase Just Got Sued by the SEC and Now They’re Playing Judge Judy

Crypto News Hack NFTs 1 Barry Thompson August 15, 2024

An illustration featuring Judge Judy sitting at her bench wearing a judge's hat while looking sternly over reading glasses. In front of her is an empty chair labeled "SEC" with a red X marked through it, next to which stands a large stack of books titled 'Digital Asset Legislation'. On the wall behind her hangs a sign that reads "Case Dismissed". A gavel lies on the bench beside Judge Judy's hand as she gestures towards the SEC seat.

Here we go again: another cryptocurrency shenanigan unfolding like clockwork. It’s almost as if these guys are trying their best to make us all laugh with their antics

Source: bitcoin.com

Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation

https://news.bitcoin.com/coinbase-seeks-immediate-appellate-review-in-sec-lawsuit-citing-recent-legislation

As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. Coinbase’s recent court filing underscores the critical timing of this legislative action, emphasizing its potential impact on […]

Tagged as:
Bitcoin Markets Crypto Industry Growth Crypto Regulation Lawsuit Solana (SOL)

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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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Coinbase Just Got Sued by the SEC and Now They’re Playing Judge Judy

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