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The SEC’s Crypto Crackdown

Slate Money

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The SEC's Decision to Allow Coinbase to Go Public

The SEC let Coinbase become a public company. It seems like that would have been a better time to decide that it's an illegal exchange. There is a long history of companies doing things that are illegal and saying, you know what? Eventually, we're just going to work out a way for this to become legal. After FTX imploded, there was clearly no appetite within Congress to make that kind of a law.

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