Coinbase In Big Trouble

1 year ago
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𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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In this video, I discuss the latest SEC probe of Coinbase, what it means for their business model, and how Coinbase betrayed Bitcoin repeatedly in its long history as an altcoin casino.

In spite of understanding what makes Bitcoin so unique, Brian Armstrong chose to betray Bitcoin in order to enrich himself and early investors in Coinbase. Rather than expanding his Bitcoin service offerings, Armstrong chose instead to list every unregistered security under the sun on his platform.

Those chickens are now coming home to roost, with the SEC investing Coinbase and large investors like Cathie Woods dumping their COIN positions.

Not investment advice! Consult a financial advisor.

SEC probe of Coinbase:
https://www.bloomberg.com/news/articles/2022-07-26/coinbase-faces-sec-investigation-over-cryptocurrency-listings#xj4y7vzkg

Cathie Woods dumps COIN:
https://www.cryptotimes.io/cathie-woods-ark-invest-dumps-coinbase-shares-at-massive-loss/

Brian Armstrong used to be a Bitcoin maximalist:
https://twitter.com/BitcoinIsSaving/status/1152368993270992897/photo/1
https://www.financemagnates.com/cryptocurrency/news/coinbase-ceo-brian-armstrong-we-should-focus-more-on-bitcoin-and-sidechains-less-on-altcoins/

Coinbase starts to list garbage:
https://qz.com/687482/coinbase-will-start-trading-bitcoin-rival-etherum-on-its-cryptocurrency-exchange/
https://blog.coinbase.com/coinbase-adds-support-for-litecoin-720ab0aa3281
https://blog.coinbase.com/dogecoin-doge-is-launching-on-coinbase-pro-1d73bf66dd9d
https://dailyhodl.com/2021/07/15/coinbase-adds-supports-for-new-crypto-project-as-listing-spree-continues/

Coinbase backed the New York agreement:
https://en.bitcoin.it/wiki/New_York_Agreement

Coinbase insiders dump on retail:
https://www.wsj.com/articles/coinbase-leaders-net-1-2-billion-in-share-sales-11653606214

Brian Armstrong buys big house:
https://tittlepress.com/crypto/1420458/

Insider trading at Coinbase:
https://decrypt.co/105672/doj-sec-former-coinbase-product-manager-insider-trading

Sad how little Bitcoin Coinbase owns:
https://www.buybitcoinworldwide.com/treasuries/

Robinhood's DOGE adventure:
https://www.cnbc.com/2021/08/18/robinhood-crypto-revenue-jumped-over-45-fold-in-q2-to-233-million.html

"Coinbase does not list securities":
https://blog.coinbase.com/coinbase-does-not-list-securities-end-of-story-e58dc873be79

Coinbase NFT marketplace is a failure:
https://decrypt.co/99561/coinbase-nft-marketplace-150-users-first-day-public

Coinbase a net negative for the Bitcoin space:
https://twitter.com/Mattes55/status/1551949033245122561

Buy Bitcoin using these companies instead of Coinbase:
https://strike.me/
https://www.swanbitcoin.com/
https://river.com/

Check out my online trading courses:
https://www.trader.university/join
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#coinbase
#bitcoin
#crypto

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