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A comment on Robinhood Crypto Gets Wells Notice from US SEC. Parent comment

Re:Robinhood Crypto Gets Wells Notice from US SEC by JumpCrisscross on Monday May 06, 2024 @03:27PM (#40278560)
SEC regulates securities-based derivatives. I used to professionally make markets in those.

SEC and CFTC are both claiming jurisdiction over Bitcoin.

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Re:Robinhood Crypto Gets Wells Notice from US SEC by siftrics on Monday May 06, 2024 @04:41PM (#40279262)
Correct. And this case hinges on the yet undecided question as to whether or not Bitcoin and numerous other cryptocurrencies are actually securities.
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Re:Robinhood Crypto Gets Wells Notice from US SEC by ajross on Monday May 06, 2024 @05:32PM (#40279744)
Once more, it's not undecided. Coinbase tried exactly the same argument in their case and lost.
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