Ripple CTO claims the SEC can’t tell what the rules are. XRP price soared over 19% in a week. While the US Securities and Exchange Commission (SEC) continues to be engaged in a prolonged legal dispute with Ripple, the watchdog has now picked Coinbase (NASDAQ: COIN ) as its new target. The exchange reportedly received…
Coinbase Wells Notice: Oppenheimer cuts; Mizuho says a third of revenue could be affected
By Geoffrey Smith Investing.com — The U.S. turned up the heat on the crypto industry on Wednesday, as regulators sued Tron founder Justin Sun and several of his celebrity promoters, and threatened to do the same to Coinbase (NASDAQ: COIN ). In moves that bring to a head the long-running dispute over crypto exchanges’ business models,…