In this video, I discuss the recent courtroom developments between Coinbase and the SEC regarding the definition of securities. While the news of Ripple’s victory was breaking, there was a hearing in the Coinbase case where the judge asked crucial questions and expressed skepticism towards the SEC’s arguments. I emphasize the importance of remaining objective and waiting for the legal proceedings to unfold. I share a clip from Paul Grewal, Coinbase’s Chief Legal Officer, expressing confidence in their case. The judge’s remarks and the timing of the Ripple verdict could potentially influence the outcome of the Coinbase lawsuit. I also mention an article suggesting that the Ripple case might end the SEC vs. Coinbase lawsuit. Overall, I invite viewers to share their thoughts and stay updated on this intriguing legal battle.
https://www.cnbc.com/2023/07/14/coinbase-buoyed-in-case-against-sec-after-landmark-ripple-xrp-decision.html
https://www.coindesk.com/policy/2023/07/13/coinbase-sec-spar-over-definition-of-securities-nature-of-staking-in-first-court-hearing/
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
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