Coinbase In Big Trouble

𝐆𝐞𝐭 𝘁𝗵𝗲 "𝐔𝐥𝐭𝐢𝐦𝐚𝐭𝐞 𝐆𝐮𝐢𝐝𝐞 𝗧𝐨 𝐁𝐢𝐭𝐜𝐨𝐢𝐧" 𝐜𝐨𝐮𝐫𝐬𝐞:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss the latest SEC probe of Coinbase, what it means for their business model, and how Coinbase betrayed Bitcoin repeatedly in its long history as an altcoin casino.

In spite of understanding what makes Bitcoin so unique, Brian Armstrong chose to betray Bitcoin in order to enrich himself and early investors in Coinbase. Rather than expanding his Bitcoin service offerings, Armstrong chose instead to list every unregistered security under the sun on his platform.

Those chickens are now coming home to roost, with the SEC investing Coinbase and large investors like Cathie Woods dumping their COIN positions.

Not investment advice! Consult a financial advisor.

SEC probe of Coinbase:
https://www.bloomberg.com/news/articles/2022-07-26/coinbase-faces-sec-investigation-over-cryptocurrency-listings#xj4y7vzkg

Cathie Woods dumps COIN:
https://www.cryptotimes.io/cathie-woods-ark-invest-dumps-coinbase-shares-at-massive-loss/

Brian Armstrong used to be a Bitcoin maximalist:
https://twitter.com/BitcoinIsSaving/status/1152368993270992897/photo/1
https://www.financemagnates.com/cryptocurrency/news/coinbase-ceo-brian-armstrong-we-should-focus-more-on-bitcoin-and-sidechains-less-on-altcoins/

Coinbase starts to list garbage:
https://qz.com/687482/coinbase-will-start-trading-bitcoin-rival-etherum-on-its-cryptocurrency-exchange/
https://blog.coinbase.com/coinbase-adds-support-for-litecoin-720ab0aa3281
https://blog.coinbase.com/dogecoin-doge-is-launching-on-coinbase-pro-1d73bf66dd9d
https://dailyhodl.com/2021/07/15/coinbase-adds-supports-for-new-crypto-project-as-listing-spree-continues/

Coinbase backed the New York agreement:
https://en.bitcoin.it/wiki/New_York_Agreement

Coinbase insiders dump on retail:
https://www.wsj.com/articles/coinbase-leaders-net-1-2-billion-in-share-sales-11653606214

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