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A comment on Coinbase Sued by SEC for Breaking US Securities Rules. Parent comment

Re:Coinbase Sued by SEC for Breaking US Securities Rules by adsfgiodsnrio on Tuesday June 06, 2023 @09:29AM (#36212404)
There is a US government mandate to kill violations of securities law. If "crypto" can't exist without crime, that's hardly the SEC's fault.

The SEC can, and should, go after ICO scammers, but there would be zero ICO scammers without the help of Binance, Coinbase, and friends.

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Re:Coinbase Sued by SEC for Breaking US Securities Rules by cableshaft on Tuesday June 06, 2023 @11:01AM (#36213859)
> If "crypto" can't exist without crime, that's hardly the SEC's fault.

Bitcoin doesn't fall under the securities definition, so they can't go after that, at least not in this way.

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