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- It's Gensler's America: SEC Sues Coinbase & Binance In Same Week
It's Gensler's America: SEC Sues Coinbase & Binance In Same Week
Gensler and other State enforcement agencies are suing Coinbase & Binance



Twitter Spotlight
SEC: our mission is to protect investors
Also SEC: reviews Coinbase's business model, approves Coinbase to go public, allows Coinbase to sell stock to retail investors
Then SEC: alleges Coinbase's business model is illegal and tanks stock by 20% causing losses to investors
???
— Jake Chervinsky (@jchervinsky)
1:52 PM • Jun 6, 2023
Coinbase’s alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.
— Gary Gensler (@GaryGensler)
12:28 PM • Jun 6, 2023
With respect to Binance, I'm reading through the SEC complaint. It's over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control… twitter.com/i/web/status/1…
— Charles Hoskinson (@IOHK_Charles)
6:00 PM • Jun 5, 2023

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