EddieJayonCrypto
8 Jun 23
There is a lot more going on with the cases against Coinbase and Binance. Here is what is on my mind today.1. Binance US delists 101 trading pairs following SEC freezing order. Binance US has delisted 101 trading pairs, including popular tokens like XRP, EOS, and Stellar, following a freezing order ...
There is a lot more going on with the cases against Coinbase and Binance. Here is what is on my mind today.1. Binance US delists 101 trading pairs following SEC freezing order. Binance US has delisted 101 trading pairs, including popular tokens like XRP, EOS, and Stellar, following a freezing order from the Securities and Exchange Commission (SEC). The SEC is investigating Binance for possible violations of securities laws. It has also been noted that Gary Gensler offered to be an advisor to Binance. If you look at the timing it was at this same time there seemed to be some kind of connection between himself and FTX. 2. CZ receives official court summons and must respond within 21 days. No, this does not mean he has to show up in person. As I have been saying, good luck expecting him to step foot in the United States. 3. Coinbase vs. SEC case was assigned to Judge Sarah Netburn, but she recused herself and the case has now been assigned to Judge Jennifer Rearden. Someone of whom Elizabeth Warren is not a fan and said would protest the judge's assignment. Coinbase says they have no plans to delist assets or end its staking service. Coinbase has said that it has no plans to delist assets or end its staking service. The company has said that it is committed to providing a platform for investors to trade and stake a wide range of assets. 4. Mark Cuban: "No one trusts the SEC." Mark Cuban, a billionaire investor, has said that "no one trusts the SEC." Cuban is critical of the SEC's handling of the cryptocurrency market. He believes that the SEC is too slow to approve new products and services, and that it is too aggressive in its enforcement of securities laws. 5. Cardano disputes SEC's decision to delist ADA from Robinhood. Cardano has disputed the Securities and Exchange Commission's (SEC) decision to delist ADA from the Robinhood trading platform. Cardano argues that ADA is not a security, and that the SEC's decision to delist ADA is arbitrary and capricious.