1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Jimmy from Linkedin

Jimmy from Linkedin

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Bushmaster69 said:
The complaint accuses Coinbase and its leadership, including CEO Brian Armstrong, of failing to reveal that in the event of bankruptcy, customer assets could be at risk of being included in the company's estate, potentially leaving retail customers as unsecured creditors. It further alleges that before Coinbase went public in April 2021, the collapse of at least 75 cryptocurrency exchanges led to customers losing access to their digital assets, a risk that was not adequately communicated by Coinbase’s management.

Coinbase is concurrently dealing with another class-action lawsuit in New York, where it is accused of selling securities without the necessary broker-dealer registration.

I know too many people who trust exhanges like coinbase, and have so much of their money there.

Please get cold wallets if you are new to this space. Crypto exchanges aren't FDIC or CDIC approved at this time.

Get a ledger, d'cent wallet, w/e.

Protect your keys.
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crypto in federal court in 2025?

getting dismissed:ufdup:


Coinbase appointed Trump's co-campaign manager as an advisor, just after its CEO said the president's return was a 'new day' for crypto
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Bushmaster69

Bushmaster69

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In The Zone '98 said:
That's common crypto knowledge. About all exchanges

Lawsuit feels pointless
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Nah, If coinbase explained clearly that our crypto was collateral in event of bankruptcy they wouldn't be in this position. A team of lawyer wouldn't file if this was frivolous. This isn't being clearly explained to their customers who are mostly novices to trading and the crypto space.

Common knowledge isn't as common as you think. We are in this space, so thats a no brainer, but that isn't underatood by the layman.

Plus they are allegedly aelling securities without proper licensing.
 
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Gloxina

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cheek100 said:
Na we got a few to go. They moving slow on purpos. Price will appreciate til then tho just accumulate and hold as long as u can.
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Yea I was gonna go all in but I feel no rush. I’ll just dump a bunch of money in later. It ain’t really pumping soon.



And this Trump/DOGE mess is definitely affecting things…
 
cheek100

cheek100

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Gloxina said:
Yea I was gonna go all in but I feel no rush. I’ll just dump a bunch of money in later. It ain’t really pumping soon.



And this Trump/DOGE mess is definitely affecting things…
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This shyt so major u don’t have to go all in just have some. They’re squeezing everyone so there really ain’t no money to put in the market. Last cycle we had stimmys and a softer macro environment. This cycle is different but trends are still a factor. Utility is king but they are going to manipulate relentlessly (even illegally) until regs are in place. Rough ride but worth it imho 🥂
 
FaTaL

FaTaL

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Gloxina said:
Yea I was gonna go all in but I feel no rush. I’ll just dump a bunch of money in later. It ain’t really pumping soon.



And this Trump/DOGE mess is definitely affecting things…
Click to expand...
I would say the tariffs he keeps thinking up of is the bigger problem
 
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