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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 atdrummond on Tuesday June 06, 2023 @10:08AM (#36213028)
And what are you to do, as an exchange trying to maintain compliance, when the CFTC says assets determined to be securities by the SEC are, in fact, commodities.
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Re:Coinbase Sued by SEC for Breaking US Securities Rules by hef19898 on Tuesday June 06, 2023 @10:25AM (#36213300)
You pick whatever suites your business best and register either with the SEC or CFTC. Way safer than saying, to hell with it, I do what I want.
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Re:Coinbase Sued by SEC for Breaking US Securities Rules by mrguyorama on Tuesday June 06, 2023 @11:07AM (#36213978)
You go to court and hope your lawyers are more convincing than the governments.

The CFTC and SEC don't actually have to agree about something for you to be found guilty of a crime.

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Re:Coinbase Sued by SEC for Breaking US Securities Rules by adsfgiodsnrio on Tuesday June 06, 2023 @01:29PM (#36216218)
The easiest solution is to avoid trading any futures and then ignore the CFTC as they only have jurisdiction over futures trading.

This is not a new problem, nor a difficult one.

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