Coinbase CEO Brian Armstrong said they are proud to represent the industry in court after the SEC sued the exchange.
CEO of Coinbase, the largest cryptocurrency exchange in the USA Armstrong On June 6, he published on his official social media account. in the shipment, of the US Securities and Exchange Commission (SEC) opened to the stock market unregistered brokerage firm on the act of litigation they trust the law expressed. in court industry representation from going to they are also proud It was among Armstrong’s statements.
According to the CEO’s statements, Coinbase 2021 reviewed by the SEC in public obtained the license to become a company. Registering with the SEC during its activities any one way is not In the process of examining many assets that are securities for refused. At this point Armstrong sign up many different ways in the past for what you tried also highlighted.
Coinbase case from other cases different as yet on no consensus reached Noting that he focused on one phenomenon, Armstrong made the following statements:
The Coinbase lawsuit is very different from other lawsuits, and the lawsuit against us focuses specifically on what is and isn’t a security.
SEC and the U.S. Commodity Futures Trading Commission (CFTC) even on securities contradictory CEO, who said that he offered opinions, of the congress to fix this situation law studies did and of the rest of the world with congress to support this technology. in a similar direction stated that he was working on
At this point, Armstrong had a clear statement from the SEC. legislation instead of posting by sanction while pointing out that it is trying to regulate the sector, sharpness to get legal fight If you have to go your way, this way they won’t hesitate also implied.
The stock market also June 6 in public offering applications in a video published on “staking” 57 times mentioned their activities and nevertheless that you have approved underlined.
with the SEC year 2022 in an open guidance in total for 30 meetings What they did was among the details found in Coinbase’s video.