Date: 2023-02-11T19:22:26Z Creator: Bitfolio Academy
The SEC chairman, Gary Gensler, continues to use his attack on crypto to further his political ambitions. His latest victim was the Kraken crypto exchange. Rather than fight the SEC over their crypto staking service, Kraken chose to roll over and pay the fine.
But it won’t be so easy, if the SEC chooses to go after Coinbase. Coinbase vowes to fight the SEC in court, if the SEC comes after their staking service.
Kraken only made $137 million from their staking service, last year. But, Coinbase made over $300 million. And, Coinbase will fight to keep it. Coinbase’s Chief Legal Officer is already gearing up for a fight.
By the way, It’s not too late to sign the petition to fire Gary Gensler.
https://www.change.org/p/retail-investors-fire-gary-gensler-as-sec-chairman-for-obstruction-of-justice
Let me know in the comments. 🤔
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