A lawsuit filed by the USA Securities and Change Fee (SEC). vs. Coinbase (NASDAQ: ) World on June 6 raises questions in regards to the cryptocurrency change’s method to the continuing crackdown on cryptocurrencies.
In a latest interview with Cointelegraph, enterprise capitalist Kevin O’Leary criticized Coinbase’s technique handle the present regulatory surroundings. “Its market cap has been decreased (because of the SEC lawsuit), and it looks like its administration desires to tackle the SEC time and again,” the serial entrepreneur mentioned, referring to Coinbase’s 17.4% drop final week. . O’Leary continued:
Proceed studying Coin Telegraph.