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/biz/ - Business & Finance

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50581654 No.50581654 [Reply] [Original]

For some reason biz wont let me post so this is a test and if it works imma just post in comments.

>> No.50581665

Generic spambot threads are not read

>> No.50581700

>>50581654
I'm the OP behind >>50518041.
If you think the current happening are happenings then I'm here to tell you this is just the beginning.

I submitted the report to Damian Williams and Michael J. Driscoll. Anyways, lets get into the good shit.

For those of you who don't know, there are literal departments at Coinbase that are involved in insider trading, its basically systemic at this point lol. Typically the SEC will charge them x3 on the profit they made. Okay, I just want you to read that again. x3. How many millions has Coinbase made due to their insider trading? I don't know exactly but its high 9 figs. So you can expect a fine in the billions. The highest reported SEC fine was 13B for JP Morgan Chase and there's a small potential that Big Bad Brian might end up beating their record.

THIS IS NOT A BOT POST FUCKERS, JUST LET ME SAVE CUNTS FROM GETTING REKT.

>> No.50581761

>>50581665
how do we get this tranny to stop spamming the forum?

>> No.50581775

>>50581761

report him for spam

>> No.50581874

>>50581775
>>50581761
JDF on my back ay? kek, dont worry faggots, ill get this information out. You cant hide my threads.

>> No.50581892
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50581892

>>50581700
Coinbase is currently getting assfucked because of the bear (like all of us lol) and there's internal rumors of insolvency. Now you tell me what happens when the SEC dishes out a huge fine to Coinbase? Well, given everything that's happening, they will have to declare bankruptcy. Now for those who don't know, if they declare bankruptcy and you have coins on their exchange, its not yours anymore goyim, your coins will be used to pay off accredited investors first, effectively you're gonna get fleeced. So what should you do? Simple as cunt, just take your shit off Coinbase right now and keep it in your own wallet where you control the keys.

>> No.50582129

>>50581700
Their argument will be that insider trading rules don't apply because the tokens aren't securities. The resulting court case will establish a precedent that will shape the future of crypto.