CARDANO vs. SEC - Every ADA Holder Needs to See This!

1 year ago
9

In this video, I dive into the recent SEC charges against Coinbase and the pre-motion hearing transcript that has been released. It's not my usual style to read through legal documents, but this one is crucial for Cardano, which you all know I'm a big fan of. The judge's remarks in the transcript caught my attention, as they show skepticism towards the SEC's claims and question the classification of crypto assets as securities. It's especially interesting considering the recent ruling that XRP is not a security. Coinbase's arguments in their defense make a strong case, highlighting the nature of the assets being traded and the lack of ongoing obligations. While the case is still ongoing and a quick ruling may not be expected, it's looking more favorable for Coinbase and Cardano. I'll be closely following the progress of the case and keeping you all updated. Stay informed and let me know your thoughts!

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