CNBC’s MacKenzie Sigalos reports on crypto regulation from Austin, where one of the world’s biggest crypto conferences is underway.
Coinbase responds to SEC’s threat of formal charges
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CNBC’s MacKenzie Sigalos reports on crypto regulation from Austin, where one of the world’s biggest crypto conferences is underway.
Gary Gensler is bum💯
Probably why Armstrong is getting balder, from all the stress of this 🤣🤣
If Blackrock catches wind of Coinbase’s risky business and decides to bail, that’s a major investor saying “peace out” to their stake. It’s a sketchy move.
I reckon I’m gonna yank the rest of my dough from CB. It’s always better to be safe than sorry, ya know?
It’s all a bunch of BS. Coinbase is struggling to make money and they’re trying to act like the saviors of crypto. But let’s be real, their finances are a mess and even the friendliest crypto laws can’t fix their fundamental issues.
I bounced from Coinbase already because their fees were crazy high, haha! And it seems like I made a good call since I left at the right time.
Coinbase needs to stop whining about unfair treatment when they’re doing the same thing to their customers. They need to fix their own problems first before they start pointing fingers at the SEC. There are a ton of people out there with a ton of money locked up in Coinbase wallets, and the company is refusing to give them access even though they have the power to help. No wonder the SEC is coming down on them. Brian Armstrong, maybe you should listen to your customers and stop screwing them over by holding onto their money.
Coinbase is really screwing themselves over by doing this, especially with one of their bank providers Cross River being investigated by the FDIC. Brace yourself for massive sell-offs and blocked withdrawals. And it’s not just Coinbase that’s at risk here, even USDC might get hit too.
CB is just diverting everyone’s attention from the fact that they are already on the brink of bankruptcy. Billions of losses in the past months and even Armstrong is selling all his shares.A CEO selling his shares doesn’t really inspire any confidence! 🚩
Coinbase is such a joke! They’re trying to act like they’re totally clean, but they’re actually getting sued left and right. Remember that time they got busted for selling sketchy coins without the Netherlands government’s permission? And now they’re getting sued by the NYDFS too. And to top it off, they got caught selling users’ personal data. What a mess! 😂
I don’t trust Coinbase and Circle as far as I can throw them. They’ve had too many problems in the past, so I’m sure there’s some sneaky stuff going on with this whole situation.