Guys, the SEC just scored on Coinbase. Imagine that Coinbase is a football team that played without rules and the SEC is the referee who showed them a red card. Now everyone is in shock because this could be a game changer for all crypto teams in the US.

Coinbase tried to dodge the charges, but the court said: “Nah, you as an exchange and broker must follow the rules.” They sold bets on cryptocurrencies as if they were concert tickets, but without permission. Only the Coinbase wallet got away with it, so it’s not all that bad.

The SEC says Coinbase was selling cryptocurrencies as if they were stocks, and now they could come under fire for it. Even their parent company, CGI, was caught in the middle. But Coinbase executives are not panicking, they are saying: “We were prepared, and everything will be okay.”

In general, the SEC has not overstepped its authority, they are simply following new rules for new technologies. And yes, this could be a big deal for the entire crypto game.#HotTrends #sec $BTC $ETH $SOL SUBSCRIBE🤗