The SEC just officially announced they are going after Coinbase & Tron.
Letters have been filed, be prepared for chaos.
💰Trade on BYBIT 👉 https://partner.bybit.com/b/DustyBC
🔥 Get Up To ,000 BONUS & 0% Maker Fee (Use THIS Link👆)
👀BYBIT Tutorial video: https://youtu.be/rJ_k655P3cg
🔐 Get yourself a Ledger (keep your coins safe):
👉 https://shop.ledger.com/?r=cc19
💰TRADE ON BITGET: https://partner.bitget.com/bg/QN5KLK
🚀This Is The HOTTEST Crypto Exchange Right Now!
💠,030 BONUS!!!
👉 Join our discord here: https://discord.gg/SrqY77jBWq
Be careful trading crypto & always be responsible!
It can certainly make you a multi-millionaire, but also broke if you’re being stupid.
0:00 Introduction
2:15 The SEC Is Going After Coinbase!
8:40 The SEC going After Tron TRX & Justin Sun
🐦 Follow me on Twitter for quicker updates!
👉 https://twitter.com/thedustybc
🚀 MY PRIVATE SIGNAL GROUP (free for now)
👉 https://t.me/dustybcalerts
🎥 Follow me on TikTok!
👉 https://tiktok.com/@dustybc
📸 Follow me on Instagram!
👉 https://www.instagram.com/thedustybc
🥸 Get yourself a VPN (for internet safety):
👉 NordVPN: https://nordvpn.com/dustybc
🔥 OTHER USEFUL LINKS🔥
👉 Join our Telegram group: https://t.me/DustybcENG
👉 Join our discord here: https://discord.gg/SrqY77jBWq
👉 Join our patreon here:: https://www.patreon.com/dustybc
👉 Check Out Tradingview: https://bit.ly/DustyBC-Tradingview
TOP 2 Spot exchanges:
👉 Bitrue: https://bit.ly/DustyBC-Bitrue
👉 Binance: https://www.binance.com/en/register?ref=23056213
🔔 CHECK THESE OUT 🔔
Altcoin Gem Telegram: https://t.me/s/altcoingeminfo
Shorts Channel: https://www.youtube.com/channel/UC15xuiw9GWRPCo94bf_fYzg
IG Channel: https://www.youtube.com/channel/UCLQ6gHW3cmobTQciBTn8kPQ
Finance Channel: https://www.youtube.com/channel/UCNw1_M9_u_Uf8LcNDCWQckQ
5 Minute Crypto: https://www.youtube.com/channel/UCkBOt1ptyNFuBB3X9kiGW8A
Some of these links are affiliate links which may earn me some money, I don’t think any of these links are harmful, but I’m not liable if they are, views and statements on the websites I link may not be may own. Just a quick disclaimer to be sure…
This video, my description, or anything that I say SHOULD NOT be seen as financial advice, I’m just a random guy on the internet. All I’m saying is for entertainment or educational purposes only. Do not trade on any exchange that prohibits trading from your geographical region
#XRP #Bitcoin #Crypto
Video Rating: / 5
I try to reply to every comment, sorry if I miss one 🙂
I'm not surprised at all. Coinbase has had a pretty rough reputation for quite some time now, especially since they tend to suspend withdrawals during super volatile market movements like massive drops. It's like they're unable to handle the cashouts due to a lack of available funds. So hearing that the SEC is investigating them doesn't come as a shock to me in the slightest.
I have a feeling something fishy is going on. Armstrong sold a bunch of his shares a few months back and then just recently sold off all of them, just before the Wells notice was released. It's got me thinking that maybe he's trying to get out while the getting's good, you know?
I don't have high hopes for Coinbase making it through this investigation. It's not looking good for them financially either. Last quarter, they only had $5 billion in cash, which is a big drop from the $7 billion they had in January. And even worse, once you subtract their $3.5 billion in debt, they only have a net cash balance of $1.5 billion. So they definitely don't have "billions of cash" like some people might think. If things keep going the way they are, they're going to burn through that cash pretty quickly. And if there's a big sell-off and everyone tries to take their money out at once, well… let's just say it wouldn't be pretty.
Even if we ignore the SEC investigation, it seems like Coinbase was already headed for bankruptcy. They're struggling to make a profit and trying to present themselves as financially stable, but the truth is they're not doing well. Their balance sheet is a mess and even jurisdictions that are friendly towards cryptocurrency can't help them with their underlying issues.
I don't think Coinbase can make it through these issues, even with Armstrong's reassurances. SBF, the CEO of FTX, made similar promises before, and now look at where FTX stands. To be on the safe side, I would suggest that people move their funds into a cold wallet to prevent any potential problems.
Looks like they're putting a stopper on withdrawals again, but this time they're saying it's because of maintenance. But between you and me, it seems like the real issue is that they're having some serious liquidity problems. 🙄
Coinbase has a Wells notice looming over their head, and as the investigation continues, the SEC will uncover all the issues that Coinbase has been dealing with. It's not looking good for them.
When Coinbase finally crashes, it's going to be a major event. You see, Circle and USDC are closely tied to Coinbase, relying on it to stay afloat due to their massive losses. So if Coinbase falls, it's going to be a significant shift in the market.
Coinbase is currently facing a lot of lawsuits which is making me question why anyone would still trust them as a reliable exchange. To be cautious, I already withdrew all my funds from Coinbase. It's always better to be safe than sorry, you know.
have you seen what's going on with $COIN? Their stock prices are dropping like crazy, and it seems like their investors are starting to lose faith in the company. That's definitely not a good sign. Yikes. 😬
I'm really surprised that people are still using Coinbase when there are other exchanges that are much safer and dependable. To be honest, Coinbase is in a pretty bad state right now. If you're looking for an alternative, Fidelity seems like a great option with lower fees and a more established company background. Another exchange that looks promising is Bybit, as long as they have a proof of reserves.
How can i withdraw my 1623 USDT TRC20 from bitkeep Wallet to Binance please help me.
12 -bitkeep recovery phrase :
fly favorite amazing imitate foster siege powder guide photo reject advance mirror
How can i withdraw my 1545 USDT TRC20 from bitkeep Wallet to Binance please help me,
12 -bitkeep recovery phrase :
fly favorite amazing imitate foster siege powder guide photo reject advance mirror
I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Rochelle Ashleys.
Hi there @DustyBC lovely to find you again and see your face. Your English has improved as well.😅 Your great!!❤
Does this mean sell TRX ?
Best channel by a county mile 👍
Great! Sue the freaking pants off of Coinbase! Shut em down!
Do we cash out our assets?