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A comment on “But the SEC let us go public” and other flawed arguments in Coinbase's defense. Parent comment

Re:“But the SEC let us go public” and other flawed arguments... by JumpCrisscross on Tuesday June 13, 2023 @06:32AM (#36308125)
> a completely flawed comparison, not because of the matter but because unlike the hypothetical heroin case, the SEC did approve the listing

The SEC doesn't approve IPOs. In bold among Coinbase's S-1's cover pages: "Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense."

https://investor.coinbase.com/financials/sec-filings/sec-fil...

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Re:“But the SEC let us go public” and other flawed arguments... by hef19898 on Tuesday June 13, 2023 @07:52AM (#36308873)
Nobody reads those boring SEC filings if they can have media reports about companies PR pieces instead.
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