COIN - Edward Snowden Predicts SEC Will 'Lose So Hard In Court' against Coinbase: Gensler Had To Approve Bitcoin ETFs 'With Tears In His Eyes' | Benzinga
Whistleblower and Bitcoin (CRYPTO: BTC) supporter Edward Snowden isn’t bothered by the U.S. Securities and Exchange Commission’s latest legal wrangling with Coinbase Global Inc. (NASDAQ:COIN).
What Happened: Snowden’s comment came in response to a tweet about a court ruling allowing the SEC to proceed with its lawsuit against Coinbase. The former National Security Agency contractor tweeted, “This doesn’t bother me. If the SEC keeps acting in bad faith like this, they’re going to lose so hard in court that they’ll never be able to do this to anyone ever again.”
This doesn't bother me. If the SEC keeps acting in bad faith like this, they're going to lose so hard in court that they'll never be able to do this to anyone ever again. Remember when the SEC got spanked so badly that Gensler had to approve BTC ETFs with tears in his eyes? yeah https://t.co/XWOwmoaICN — Edward Snowden (@Snowden) March 27, 2024