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Few things of note about the recent Coinbase news: 1. Coinbase is a publicly traded company. In order for them to list on a public stock exchange, the filing has to go through the SEC. The SEC approved their filing and in doing so approved their business model back in 2021. 2. The SEC has taken 30 meetings with Coinbase since their public offering. Not once in those meetings did the SEC allude to any unlawful activities the exchange was conducting and in that regard, the SEC should be held liable for negligence if Coinbase is found guilty of breaking the law. *That’s my opinion. I’m not a lawyer. Take that with a grain of salt. 3. The SEC is now claiming that Coinbase willfully broke the securities laws and ignored the Howey test. However, Coinbase has spent copious resources on making sure the exchange chose assets they believed didn’t pass the Howey test. The SEC has had 11 years since Coinbase started their business to label some of these assets as securities but for whatever reason have waited until now to do so. 4. The chairman of the SEC, Gary Gensler has blatantly refused to take a meeting with Coinbase. If their intent was to make sure exchanges were operating within the legal realms, shouldn’t they have acted in good faith to assist these exchanges in any way they could? ✔ Want the best available aggregated market data? Join Santiment today! https://tinyurl.com/yeytcu9e ✔ Want to join my discord? https://discord.gg/cerebral ✔ Want to follow me on twitter? https://twitter.com/IAmCryptoClay ✔ Pick up a hardware wallet and protect your crypto assets today: https://tinyurl.com/5rsc46z4 ✔ Start trading on a reputable exchange (Coinbase) and claim $10 in Bitcoin: https://tinyurl.com/mryd89b3 ? Disclaimer ? This video does not contain any financial advice, nor should any of the content be construed as financial advice. Crypto Clay is not a licensed financial advisor. The cryptocurrency market is a volatile place. Please proceed with caution and do your own research before making any type of investment! #coinbase #SEC #coinbaselawsuit #crypto #cryptonews #bitcoinETF #blackrock #arkinvest #cathiewood #garygensler #brianarmstrong #investing #personalfinance #bitcoin 00:00 - Intro 00:37 - Coinbase files motion to dismiss lawsuit - things of note 02:36 - Is the SEC acting in good faith? 02:51 - Why I'm bullish on COIN stock 03:31 - ARK Invest indicator 04:12 - Outro bitcoin,coinbase lawsuit,crypto,cryptocurrency,crypto news,bitcoin news,crypto news today,bitcoin price,cryptocurrency news,bitcoin today,bitcoin news today,crypto market,coinbase vs SEC,SEC vs Coinbase,Coinbase ETF,Coinbase Bitcoin ETF,Blackrock,Ark Invest,COIN stock,coinbase stock,COIN stock price,COIN price prediction,crypto price prediction,crypto today,crypto market update,bitcoin price prediction,gary gensler,cathie wood,brian armstrong ... https://www.youtube.com/watch?v=qNKu_ESp9D8