SEC

“The current position of the US government is basically that Coinbase shouldn't exist. I mean, if you look at the breadth, the number of businesses that it's arguing are operating illegally is numerous.”

“I don't think even the SEC is claiming things like Bitcoin or Ethereum are actually securities anymore, right? You know, that we've kind of moved beyond that.”

“The reality is, my understanding is, like, the government's basically losing, the SEC's losing the XRP case, right, the Ripple case and, you know.”

“SoftBank is now suing the founder of IRL after the information reported its user numbers were suspect and the SEC investigated and so on.”

“They've actually, my understanding is basically lost all of the major cases they've tried to do against legitimate projects. They've won them against the things that are pure scams, which there are in crypto, like they've won some cases, but all the major ones…”

“There's been no laws passed, but the SEC has actually changed their position and actually taken actions to, you know, remove Wells notices from Coinbase from several other major DEX exchanges”