Ask yourself this, newfags, why is the CEO of Coinbase, a website under seige from multiple fronts right now, the only person that knows the inner workings of the Treasury Department?
Why would Cheeto, who had four years to implement this measure, only rush to do it now when his second term is on the line? Why would give a shit about crypto right now?
You are being duped right now. Coinbase is deliberately dumping prices so that they can cover their side of trades (remember, their keys, their crypto) before shutting down leverage, and they desperately don't want you to use your own wallet "because they're illegal now, bruh."