/biz/ - Business & Finance

>>54314397
Coinbase does not run an SEC-registered securities exchange, but it offers trading in a few hundred crypto tokens. Coinbase thinks that none of them are securities, but what are the chances that the SEC agrees? Well, we happen to know the answer to that: Last year the SEC brought a case against a former Coinbase employee accusing him of insider trading on some tokens that Coinbase listed. The SEC can only bring insider trading cases about securities, and it argued that the tokens the guy traded were securities. I tweeted at the time: “This is a weird way for the SEC to say that Coinbase is running an illegal securities exchange?” Sending Coinbase a Wells notice threatening to sue it for running an illegal securities exchange would be a more normal way to say it, and here we are.

Taking a step back, though, if the SEC thinks that 90% of Coinbase’s crypto listings are illegal … what took it so long? Coinbase has been running a crypto exchange since 2012, matching hundreds of billions of dollars of trades and making billions of dollars of revenue. It has been, as crypto exchanges go, pretty compliance-focused, getting various regulatory licenses (including an SEC broker-dealer license) and publishing audited financial statements. It is a US public company, listed on the Nasdaq; it went public in a direct listing in 2021. If Coinbase is running an illegal securities exchange, it has been doing it out in the open for an awfully long time. Weird for the SEC to only notice now.

>>54305183
>yet the token was listed on Coinbase.
Are you retarded? It was proven to be an insider pump and dump

>>54305183
Oh you mean coinbase that got caught scamming people with thier insider trading pump and dumps? Cool. How about binance? Surely they're listen on Binance which is a much much much larger and more popular exchange......right Ahmed?

Insider here.

Coinbase goes down today

Insider here. Stop asking the team questions about the treasury and usdc and coinbase we're SF based you already know the answer. This really isn't helping and just creating panic. Even if our treasury takes a hit we will be fine as long as the token retains its value, we'll just have to sell more to make up for it. So please stop with the questions

Op don’t forget the fake insider that said Coinbase would use proof of reserves and ccip

>>53879812
Charlie Lee got fined for insider trading at Coinbase with Litecoin

Bitcoin is just orders of magnitude better and even Gary said he wants everything on one chain for market effect.

>>53752677
Buy acs it halved from 29 a day ago but it looks like some insider market bought before it triples in a few days after listing on coinbase why does this happen so much

>>53751447
>Ever ask yourself why Coinbase would
Money.
>list
Insider trading, which was proven by the SEC. There is no magic behind why they listed this coin, after the reveal that it was just insideher trading have you not thought about maybe it was all just a larp? nah right, it's part of a bigger secret plan amiright
>>53751456
>they would close down sooner than relinquish power
lol

This is all the evidence you need to tell you that Brave is literally a bunch of god damn fucking nigger. They're insider buying right now based off of their knowledge of what's in the roadmap. They've been doing this fucking shit since the coin ICO'd. The original ads release, the Coinbase listing, the search engine release. Every fucking time anything is coming out it starts pumping beforehand because these pieces of shit sit there and buy it before anyone else knows.

They present themselves as one of the "legit" projects in crypto, meanwhile they are a bunch of slimy pieces of shit.

Insider here. Coinbase will be relisting XRP next week

For pic related, since it was on the official CoinBase website, that insider from years ago wasn't larping. Were there any more recent insiders about XRP?

>>53110993
>Would it be insider trading if say, coinbase had public insolvency rumors and the share price crashed for them to come out with the equivalence of a "trust me bro we have the funds" just so they can buy up the shares and then later on reveal that people should have trusted them because they actually do have all the funds.
This would be a dangerous legal precedent considering 100% of crypto companies have rumours of insolvency during bear markets.

Would it be insider trading if say, coinbase had public insolvency rumors and the share price crashed for them to come out with the equivalence of a "trust me bro we have the funds" just so they can buy up the shares and then later on reveal that people should have trusted them because they actually do have all the funds.
It's not insider trading because the info was public, people just didn't believe them.
Or would the market instantly correct to the real value before coinbase could get a chance to buy their shares.

>>53027768
i actually hope tether gets banned in the US. this would actually benefit both coinbase and USDC. i don't do stablecoins but i do own COIN stock, so i hope this is true. coinbase did warn everybody to swap tether for USDC about a month ago and i know they've got insider info from blackrock, so this may actually be legit. based af

I have insider information that once V2 is finished and the arbitrum sequencer is decentralized, Kleros court will be launching on BSC and we’ll be listed on binance, and then coinbase as well.

Good god I am excited for you kids.

>>52970649
What I found
https://archived.moe/biz/search/text/wordbank/
faggot, jannie, 4chan, biz, bobo, mumu, scamwick, bull, bear, recession, moon-mission, crash, pump, dump, seethe, sneed, dilate, cope, triggered, crab, reddit, insufferable, market, btc, eth, link, algo, shib, doge, xrp, xlm, ztn, iota, dot, europoor, mutt, nignog, liquidation, default, profit, loss, stop-loss, bullrun, bear market, hex, wagie, xmr, ftm, nft, crypto, reitre, stack, make it, ada, avax, dollarinoes, hbar, bull trap, bear trap, rich, coinbase, binance, bitfinex, bitmex, uniswap, pancakeswap, pnk, fomo, signal, bullish, bearish, insider here, biz-way, chad, newfag, coomer, seed, centralized, decentralized, tether, neet, volume, stablecoin, scam, fud, shill, oldfag, black swan, metamask, ngmi, ygmi, slurp, investor, pajeet, my basterd, green wojak, pink wojak, TA, FA, cup and handle, fork, rug, rugpull, dex, defi, eat ze bugs, ponzi, harmony, seed, jew, schizo, bubble, long, short, pepe, apu, gold, silver, whale, printer, wagie, wallet, nocoiner, sminem, bog, bart, biz-way, metamask, trader, hold, Q1, Q2, Q3, Q4, stock market, precious metals, gold, silver, trading, larp, pattern

>>52970650
yeah

>>52925333
I remember someone making a subtle iotx shill thread saying they had insider info about coinbase back in sept/oct. Probably the same faggot shill

>>52566743
They're just really, really bad at being a business. Think pre-Musk Twitter, but with the market monopoly Twitter had replaced by a horde of cut-throat operators like CZ.

Picrel is a great example. They paid two thirds of a billion in stock options for some pajeet from Google. He dumped his stock and spent fifteen months developing their NFT platform that no-one uses, then fucked off. Bargain. Same as all the pajeets and changs insider trading and listing their cousins coins without getting caught internally. Coinbase is the Bebo of crypto exchanges. They'd need an absolute revolution to do anything other than burn cash, but Brian Armstrong is too busy dumping stocks and LARPing as a visionary.

Oh, and the massive dump in stock prices is going to be a huge cash flow problem since they have paid salaries partially in RSUs. They either pony up cash or dump 15x more stock on baggies

Don't touch it.

>>52566525
Tesla insider here. OP is a fucking liar it's not FUD. I just called up the CEO of Coinbase to confirm and he called me a nazi incel and told me to delete that post.

>>52554364
That’s strange. As of last week, the only insider action I saw in Nov was one director buying a bunch of six figure $ chunks. It’s not like Coinbase hasn’t struggled. They chose to inject more capital this year. But they don’t seem to be worrying; their technology budget has increased substantially.

>Coinbase insider
IM BACK, I WARNED YOU FAGGOTS COINBASE HAS LOST 600K BTC. DAMAGE CONTROL ON ALL SOCIAL MEDIA PLATFORMS

>>52539727
Here's the thing.

1. Coinbase is a regulated company. Furthermore it has little influence on crypto much less could ever be classified as a "systemic risk". Binance has 10x more volume than Coinbase!

2. This retard tweeting that he got insider information from someone in the know and you implying it's Brain Armstrong if right would implicate both the twitter fag and brian amstrong. They would literally have their words put against them in a court of law. Furthermore the retard tweeter knows this very well so he would never go on twitter and imply that he knows something that could hold him liable in court later on.

Just stop and think you brainlets you clearly aren't an autist.

>>52540010
This. Brian saying something about Coinbase is insider info. Stupid way to go to prison for.