The Divergence of Opposition to the SEC's Coinbase Lawsuit

I was not predicting that BlackRock would surface. I see it as the carrot plus the stick, right? The SEC is holding this big stick over Coinbase's head in the form of this lawsuit. But number one, they might not win. In fact, there's a good chance that they won't. And number two, it'll take years to play out anyway. Almost every case that the SEC has brought in the crypto industry broadly, including Bitcoin, has been settled.

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