📌 Charles Hoskinson gave a grandiose response to the fresh legal conflict between Coinbase and the SEC – U.Today.
– As Grual reports, Coinbase is seeking expedited disclosure of data and sanctions, as well as any remaining materials that may contribute to their case.
According to Hoskinson, it’s a double standard when the SEC imposes billions in fines on cryptocurrency companies for lack of recordkeeping while simultaneously violating the same rules. He notes:
I’m sure Gary can show up and get registered.
Coinbase is embroiled in a series of lawsuits and apparently intends to defend its interests.
In late July, Paul Grewal filed a lawsuit against the U.S. Federal Deposit Insurance Agency (FDIC). The action was against the FDIC’s refusal to dismiss Coinbase’s lawsuit accusing the agency of trying to force cryptocurrency firms out of the financial industry.
Meanwhile, in Oregon, Coinbase says the state has no jurisdiction to impose cryptocurrency regulations that are inconsistent with U.S. federal law.