đ Ding-ding! In today's crypto drama, Coinbase accuses the US SEC of "choking" the crypto industry with its regulation-by-enforcement approach. According to Coinbase, the SEC is like that strict teacher who refuses to clarify the assignment but still expects you to ace it. đ€·ââïž The exchange believes the SEC's rules are "workable enough" because it's already sued several firms for breaking them. But hey, the SEC says it's not all doom and gloom. Only a "small set of market participants" may find their rules challenging. Meanwhile, Coinbase's attempt to dismiss an SEC lawsuit has hit a brick wall. Stay tuned for the next episode of "Crypto vs. SEC"!