On The Brink with Castle Island cover image

Weekly Roundup 02/24/23 (SEC vs Terra, Stables as Securities, the CoinBASE L2) (Ep.400)

On The Brink with Castle Island

CHAPTER

Dokkwan

The New York Attorney General filed a suit against a crypto broker called CoinX. The SEC is going to go after this and they already have the file charges. They're going to allege that basically everything was a security, which it probably is. But what I sort of worry about is that the SEC uses this as a broad brush to create precedent in a case where no one's really going to come to the defense of Dokkwan here.

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