Coinbase stock tanks due to SEC inquiry & missed 2nd Qt earnings after rally from BlackRock partnership


SEC Chair Gary Gensler is trying to push Coinbase and every other crypto exchange out of the US, unless they delist various shitcoins, but he won't meet with anybody in the crypto industry, just the Vanguard brokers who control his $100 million fortune.

Only Bitcoin and Ethereum are safe now, as commodities, regulated by CFTC. Crypto exchanges may not be able to register as securities dealers because of their business model. Do you think Coinbase and others will be forced to delist various tokens, now considered securities by the SEC?

https://www.disruptionbanking.com/2022/08/10/sec-inquiry-class-action-lawsuits-catch-coinbase-flat-footed/


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