Re:Coinbase Sued by SEC for Breaking US Securities Rules
by jcranmer on Tuesday June 06, 2023 @11:03AM
(#36213898)
> There isn't, and the SEC has already been sued about their failure to provide it.
Is https://www.courtlistener.com/docket/67273468/in-re-coinbase... the suit in question? Based on the petition for rulemaking you linked, the SEC's response, and Coinbase's reply, there is a bait-and-switch going on here. Coinbase is asking for a change in how regulations apply to cryptocurrencies, while trying to position this as "merely" asking for a clarification. Or, in short, the rules are clear, Coinbase just doesn't like them.
Is https://www.courtlistener.com/docket/67273468/in-re-coinbase... the suit in question? Based on the petition for rulemaking you linked, the SEC's response, and Coinbase's reply, there is a bait-and-switch going on here. Coinbase is asking for a change in how regulations apply to cryptocurrencies, while trying to position this as "merely" asking for a clarification. Or, in short, the rules are clear, Coinbase just doesn't like them.