Coinbase: "We Do Not List Securities", Disagrees With SEC's Decision to File Securities Fraud Charges in Relation to Insider Trading | Crypto Craft

  • Coinbase: "We Do Not List Securities", Disagrees With SEC's Decision to File Securities Fraud Charges in Relation to Insider Trading

Added at 6:06pm

  • Coinbase does not list securities. End of story.

    From blog.coinbase.com

    We have said it before, but given today’s events, it bears repeating. Earlier today, following a Department of Justice (DOJ) investigation into a former Coinbase employee’s misuse of confidential Coinbase information related to listing decisions, the Securities and Exchange Commission (SEC) separately filed securities fraud charges against this individual related to this wrongdoing. The SEC alleges that nine digital assets involved are securities. The DOJ reviewed the same facts and chose not to file securities fraud charges against those involved. As CFTC Commissioner Caroline Pham stated, this is “a striking ... (full story)

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Goat
Jul 22, 2022 12:32pm
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They're publicly telling the SEC what a security is and is not? Not sure they realize SEC stands for Securities and Exchange Comission. Next they'll tell the IRS what's taxable!

Also loving how they quote the CFTC on the matter. They obviously don't understand that the CFTC and SEC are, and always have been, mortal enemies. Somebody needs to get a history book to Armstrong.
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edeslu
Jul 21, 2022 6:32pm
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Lovely, who will win?!? Stay tuned folks! LOL
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