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🚨MASSIVE: Coinbase Files MOTION TO DISMISS SEC Suit, Citing "Extraordinary Abuse"!
In this video, we delve into the recent developments in the SEC vs Coinbase case. Coinbase has filed a motion to dismiss the SEC's lawsuit, arguing that the cryptocurrencies in question are not securities and that the SEC's claims go beyond existing law. The filing emphasizes Coinbase's commitment to dialogue with regulators but asserts that the SEC's actions violate Coinbase's due process rights and constitute an abuse of process.
We explore key points from the filing, including references to SEC Chair Gary Gensler's contradictory statements and the assertion that the subject matter falls outside the SEC's authority. Coinbase's legal team strategically utilizes existing law and historical context to support their position.
We highlight the significance of Coinbase's defense strategy, which aims to establish clarity and engage in meaningful conversation with regulators while standing firm on legal grounds. The motion to dismiss represents a pivotal moment in the battle for regulatory clarity in the crypto space.
Join us as we analyze the filing and the potential implications for the industry. Share your thoughts in the comments, subscribe for more updates, and stay informed about the evolving landscape of cryptocurrency regulation.
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*Crypto Capital Venture does not guarantee or make any representations or claims to any particular amount of staking rewards that you will earn through delegating your Cardano. Any return that the protocol disburses to you is decided by the protocol. You are not investing your Cardano with Crypto Capital Venture. Delegating to a Crypto Capital Venture stake pool does not involve transferring or legally assigning the Cardano or the rights thereof. Crypto Capital Venture simply serves as a validator and provides community members a way to delegate to the Cardano Protocol consensus mechanism. All staking percentage rates and all rules and parameters are decided by the Cardano protocol.
*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.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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