Brian Armstrong, CEO of Coinbase, the largest US crypto exchange, criticized the SEC’s changing stance towards Coinbase in the last 2 years.
In an interview published on June 7, Brian Armstrong said, of the US Securities and Exchange Commission (SEC) Conibase in 2021 by examining to be offered to the public that you approve underlined. before the supply their structures same way that they continue Arguing that, Armstrong said that the SEC still opposed the stock market. you changed your attitude He claimed.
Armstrong, at the time of supply, that they provide information and its public offering in the relevant period. approving SEC’s actions now objectionable to find not “nice” and made the following statements:
We have a long history of transparency. We proved these before going public. We were able to go public because we provided all kinds of information and documents requested.
According to the CEO’s statements of the SEC The attitude of Gary Gensler has recently congress against him in speech, on the cryptocurrency industry enough of the authorities not to say over to change started.
After this point US Commodity Futures Trading Commission (CFTC) And SEC on the crypto industry conflicts of opinion Stating that it is seen, the CEO has repeatedly told the SEC. regulatory clarity however, they have applied for they didn’t get a response stated.
ultimately against them. legal steps Expressing that he was thrown, Armstrong said that this situation US economy good for not told.
Also, SEC Chair Gensler said on the case, what do you mean of understanding difficult about the token 16 thousand big Stating that he was talking about a number, the CEO said, Coinbase with their wallets trade not done And A lot After reviewing the token already not listed told.
On the other hand, in public offering regret Answering the question of whether they live first what they want to achieve and being the first difficulties to bring natural stated that.
Gensler attended a program on June 6, Binance And coinbase to their cases opposite various in the statements and via Coinbase’s own wallet from 16 thousand more tokens can be bought and sold had claimed.