/biz/ - Business & Finance

Here's the notice btw.: https://www.sec.gov/Archives/edgar/data/1679788/000167978823000051/coin-20230322.htm

>On March 22, 2023, Coinbase Global, Inc. and Coinbase, Inc. (collectively, the “Company”) received a “Wells Notice” from the Staff (“Staff”) of the Securities and Exchange Commission (“SEC”) stating that the Staff has advised the Company that it made a “preliminary determination” to recommend that the SEC file an enforcement action against the Company alleging violations of the federal securities laws, including the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Securities Act of 1933, as amended (the “Securities Act”). Based on discussions with the Staff, the Company believes these potential enforcement actions would relate to aspects of the Company’s spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet. The potential civil action may seek injunctive relief, disgorgement, and civil penalties. The Company published additional information on a blog related to the foregoing which can be found at www.coinbase.com/blog and on the Twitter feeds of Brian Armstrong (@brian_armstrong) and Paul Grewal (@iampaulgrewal). Information on or accessible through the Company’s website or Twitter is not incorporated by reference in this Current Report on Form 8-K.

>>54273158
ok this is finally the end now
I'm logging out of crypto after 7 insane years

I just want to say thank you to the jewish people for looking out for us and keeping us safe.

>>54273158
Problem?

>>54273158
This motherfucker backed sbf until ftx collapsed, then start destroying ftx’s competitors. If you see anyone praising gensler on this board, he is a certified fed

>>54273158
I am definitely naming my next dreidel Gensler in honor of all the fine work he is doing protecting goyim.

https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal

>>54273230
Your welcome sir.

>>54273158
It's just more proof that all crypto is a scam, just like all the gold coins idiots buy that are worth nothing without government-printed money.

Jake Paul and Lindsay Lohan are being gunned for aswell.
feds are finally closing the noose on crypto FAGGOTS. Going to love watching BTC fall to 0 as I sit in T bills (the 'toiletpaper' dollar) and collect 5%.

>>54273373
Fucking lmao, what's going to happen is that crypto will leave the US and Americunts are going to get left behind in the dust

one word: overreach

>>54273271
What's so bad about that? He's just helping his friends.

>>54273158
Gensler wants to control all of crypto. Nigger will fail though

>>54273271
SBF was a glowie.
Alameda was a glowie data collection project.

>>54273271
>This motherfucker backed sbf
Source?

jews are a hate group

>>54273475
https://news.yahoo.com/emails-reportedly-show-ex-regulators-153000098.html
He is also cozy with maxine waters

>>54273158
I hate him so much

Gensler's hubris is getting a little too large. He's lashing out like a child. He's going to lose the Ripple case, then he's going to lose a case again Coinbase before his tenure is up.

Think this will make maxipads finally take his cock outta their mouths or suck it even harder?

>>54273388
The moment that BTC is no longer a reliable way of tapping into the dollar market is when it goes to zero. It's a way of laundering money and getting access to dollars. Foreign Bitcoin holders don't want yuan for their BTC. They want and need dollars.

>>54273158
goddamn fucking KIKES. Its time for someone to put a permanent stop to their reign of terror

>>54273623
They're gonna swallow Gary's load, but he's coming for BTC too at some point.

Should have bought bitcoin and not premined VC scams. No refunds faggots.

>>54273710
I guess you're right
This one >>54273785 is clearly addicted to the taste of kosher cum

>>54273565
Doesn't say anything about Gensler "backing" SBF.

>>54273158
Read the definition of security again, staking is definitely count as security.

>>54273623
Europe is close to outlawing btc because pow requires energy.

>>54274079
lots of ¨secret¨ meetings off the record with sam

PDT RULE ON CRYPTO SOON

>>54274213
And you have access to those meetings via remote viewing?

>>54274270
I saw it in a dream. Also, why are you defending Gensler? We're not gonna find smoking gun evidence of his corrupt relationship to SBF, but he's been viciously attacking numerous crypto projects while being suspiciously lax on FTX & Alameda. There's also the MIT connection between Gensler and math weasel's father. I don't think it's crazy to believe Gensler backed Sam by purposefully turning a blind eye to his sketchy business practices.

>>54274533
>why are you defending gensler
Cuz he is in Langley, stop replying to a fed

>>54274533
>why are you defending Gensler?
Where have I defended Gensler?

>>54273565
that fucking picture, lol

>>54274213
>>54274079
if i had to guess SBF was an asset since his time at Jane Street or likely before, since his glowie stanford parents submitted him to the inverse GATE program, the Weasel is likely the same story. they were groomed for the role they played from birth. it's not so much that SBF and Gensler were close, it's that they're both working for the same "people"

>>54274154
>muh nature
>muh pollution
why hasn't Gretta been raped by a pack of niggers yet?
fucking hate this clown world timeline

>>54273271
Yeah they’re trying to destroy the only other option you will have except for CBDCs.

>>54273158
you still wont do shit except bitch about it on here. GPT3 detected.
>loading GORE.exe

>>54273271
At least Gensler is actually doing something by getting Coinbase in line.

>>54273623
>Entire crypto market gets BODIED
>This is bullish for Bitcoin
i gotta hand it to this guy, he is ALL IN

>>54274902
This. They're not strange bedfellows. Not in the correct light.

>>54273620
keyed and locked
gensler is made out of poop

>>54273902
Die in a fire eth tranny

good. bitcoin will go to zero now.

Liz Warren said it is only used for money laundering and criminals. Why wouldn't we want it to go to zero and make lots of money shorting it? You dont think gensler had his twin brother hedge fund manager take out a 100x short position right before he announces his plans to gang rape coinbase in every hole?

the man is just human, you all would do the same if it meant owning a nicer/bigger house with ocean front property.

>>54276319
Did Liz say that? I love Liz. She's a real smart girl. I'd listen to her if you know what's best for you.

OH MY GOD I CANT SCAM PEOPLE ANYMORE WITH MY TENDIE MONIES FROM THE FUTURE AND VAPORWARE NOOOOOOOOO

>>54273181
What this really is an extortion threat by Jews. The Jews want Coinbase to give them “donations” otherwise they will use their Jewish laws to destroy it

>>54276233
You must be an actual kike

>>54276372
>what this really is is an extortion by the Jews

>>54273158
Jews man they thrive on fiat being dominant of course they hate crypto and spend time convincing normies it's no different to fiat.

>>54274154
meanwhile, in the US, theyre building nuclear powered miners

>>54277247
Don't forget to dilate!

>80% of people who were sent a Wells Notice from 2011 to 2013 ended up facing charges for allegedly violating securities law.[4]

it's over

>>54273271
The Feds worship Jewish pedophiles.

>>54277247
funny to see you fags doing corpo worship in your memes lmao

>>54273158
why do people insist doing business in the us? they will rug you any moment and let their chosen ones do however they want, gensler's complete laxity on ftx is proof of that

>>54273373
>I sit in T bills (the 'toiletpaper' dollar) and collect 5%.
Inflation is still running at 7%

>>54273468
They're not glowies, it isn't some conspiracy, it's ordinary nepotism with disdain for goyim.

>>54273158
Based. I don't want americans to make it
Smart ones will be able to buy and find workarounds anyway

>>54273373
nothing like a guaranteed loss to help you sleep at night

>>54273158

>>54273158
>Goddamn fucking Gensler
Gensler is correct. Coinbase sells plenty of illegal securities and offers products like staking, but does not pay taxes.

The (justified) SEC action against them explains why they sent me like 5 emails about staking in the last 3 days topkek

Coinbase can burn in hell with the other crypto scammers

>>54273158
Not spam fucking 4chan

>>54273158
Every single SEN customer has been served with a wells notice. It was a money laundering ring.

>>54279803
>but does not pay taxes.
Interesting. So were they not taxing staking as interest income? Coinbase is fucked lmao

Congrats for voting on Biden or for not voting tards
I'll pull my 30 bitcoins and 40 eths once btc crosses 29k

>>54279803
>>54279959

Oh hiii Gary

>>54273158
>>54273168
>>54273181
>>54273285
>>54273388
I have something to tell you OP
maybe you didn't know this yet, but you have to learn it one day or another

coinbase isn't crypto
they're irrelevant

>>54278010
>they hate crypto and spend time convincing normies it's no different to fiat.

Only the dumb normies would fall for their tricks, crypto is different to fiat in many ways.

>>54273158
if by crypto you don't mean monero then you aren't speaking about crypto

>>54280571
>crypto is different to fiat in many ways.
Fiat has value, crypto is backed by thin air. There you go.

>>54275307
>At least Gensler is actually doing something by getting Coinbase in line

What the fuck is he doing?

>>54280636
>Fiat has value, crypto is backed by thin air. There you go.
You must live under a cave if you don't clearly see that fiat is the one backed by thin air, I have no business with crypto at this point since I figured i can pay my bills via CryptMi.

>>54273565
what the fuck? i thought james brown died

Why are j£ws so afraid of Crypto? Its 90% vaporware or p&d scams, and the other 10% are either co-opt and crippled by the Bilderbergs or has dogshit gas fees. Are they that schizophrenic?

>>54273644
I'll take whatever fucking currency mate yen, yuan, gbp, euro, ruble - I couldn't give a fuck as long as its legal tender I don't fucking care

>>54273388
This is exactly correct. Elections have consequences especially banana republic shit like we had in 2020. The US is borderline failed state at this point.

>>54273181
>the Company believes these potential enforcement actions would relate to aspects of the Company’s spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet
Oh, just their entire business model then? Kek COIN baggies

>USA currently controlled by judeo-neoliberal Democrat party
>Party has demonstrated that they are willing to turn to third-world methods to retain and extend power: election fraud, political persecution of opponents, fabricated narratives, anarcho-tyranic BLM riots
>Have attained almost complete 'elite capture' in all institutions and branches of government
>Only credible remaining threat is some sort of revolt of the plebs
>Take a look at Canada, see Trucker Strike
>Plebs funded by crypto put themselves in a situation where they could have brought government down with just a little leadership
>Dems realise they must disable the various apparatus that would enable similar to happen in USA
>Goblin Gensler is tasked with dismantling crypto infrastructure before inevitable flash point around 2024 elections

Crypto being wiped off the map in the USA would not be bullish. The best hope right now is that the current US government suffers a crisis that prevents it from completely executing the plan through a period of upheaval and turnover in key personnel and orientation. Possible candidates are a collapse in Ukraine (Like Afghanistan in 2021) or the current simmering financial crisis boiling over (most likely- would just need to displace Gensler to derail the train)

>>54273158
It very much seems like a desperation move to me. Seems way earlier executed than I'd expect it on the long run.
They can't control crypto anymore with the shell company game so they're instead trying to institutionalize it.

>>54273185
Really?
Because of a usa jew

>>54273286
This happens unironically today

>>54273271
this. it's all so tiresome

>>54280636
fiat is backed by treasury bonds that got wiped to 0
crypto is backed by 24/7 liquidity inside AMMs
there you go, kid

>>54273623
>7t x per second for a $100 fee bro

>>54273373
>>54273644
You can't even conceive of any issue outside of American unipolar hegemony, wew. It's going to be a rough time for you.

>>54276353
You're thinking of Binance. Coinbase doesnt have obvious rug pull because the pajeets running them cant get verified.

>>54280636
Fiat has what value? Banks are folding up I'd better buy DiD than hold fiat.

>>54273475
They go to the same temple

>>54281128
That's why poor Indians will always die poor

>>54279025
Many of the feds ARE jewish pedophiles. Others are shabbos goyim pedophiles.

>coinbase cutomer serve doesn't respond to my emails

>SEC doesn't respond to coinbase's emails


you have it coming, cunts

New holocaust simple

>>54280679
I left crypto since my wallet was hacked

>>54273785
If the WEF gets their way BTC will be fucked. Unless it goes to to POS which will never happen because without it using energy it has no value.

>>54273565
everyone is this photo is like 5'2 lmao hobbitses

>>54273315
Jew, NOBODY wants your fucking money. That's why they use it. They literally do anything they can to get rid of it as quickly as possible.

>>54273185
Go burry your head in shame retard dick as you been fucking the wrong pussy,when web3payments services makes it easier for merchants to accept payments and even get cashback staking it go get useful faggot

>>54280635
Lazy dick make some senseless decision, when making payments with one of the web3payments gateway is so juicy as I can pay for my shopping and book my hotel reservation,with ease from the comfort of my home denm this feels like a hard dick on a wet pussy.

>>54285781
Get fuck off this thread I just want to fuck some bicthes and get drunk crypto is dead

>>54285896
If it's not POR then you're in deep shit

>>54285781
Enough of this, self custody should be legalized.

>>54281128
I don't fuck with wrong pussy anon as web3payments platform make me so horny as I can pay with any major digital currency and enjoy faster, cheaper, and easier transactions. Using that

>>54273468
it was a money laundering operation for the democratic party. they're joined at the hip with intel agencies so who knows the extent of it.

>>54273230
All hail Israel.

>>54277247
Yo Andrew Tate how did prison fuck you up so bad? You seemed to have put on a lot of pounds

>>54279794
The ultra rare galactic jew.
Within its domain David stars collapse into black holes with a gravity pull that only affect shekels.

>>54282856
I've got my mind on Alpine ESPORTS, it's recent partnership with a quantum resistant blockchain is already getting asses fucked.

In olden days this kike would have been lynched from the highest tree now ppl let jews walk all over

>>54286340
Crypto is dead? But DiD and AI are trending.

>>54292001
What the fuck is DiD

>>54281674
Staking xCVP entitles stakers to influence votes on meta-governance initiatives affecting other DAOS whose tokens are held in significant amounts in PowerPool baskets/indices

>>54289095
Fuck the Jews

>>54292144
That's Digital Identity Management

>>54273158
The best thing to do now is to get on projects that are regulatory compliant like Allianceblock, because it seems like the SEC isn't going to back down from going after projects which aren't following regulations

>>54273158
Gensler is a little bitch who deserves to get his head beat in by a mob of angry zoomers

>>54278672
Just as foretold, you did listen did you? This is from 2019 if I remember correct

>>54288212
POR concensus algorithm is the biggest dick ever, Eco-friendly and 1600tps are all getting fucked under one roof.

>>54292371
ORE is already smiling on AllianceBlock.

>>54286340
Fuck off, faggots keep wailing crypto is dead yet normies are getting bags filled. There's now a QVM multi-language for devs, are you gonna look stupid?

>>54292371
Its TIDV should help us find our way around KYC if they later enforce it on DeFi projects