The SEC Threatens to Sue Coinbase but Coinbase Is Fighting Back

<p><span style="font-weight: 400;">Today on “The Breakdown,” NLW briefly covers yesterday’s bitcoin price crash and why it was driven by market structure more than news. The main topic focuses on revelations from Coinbase that after months of engagement around its upcoming Lend product, the SEC is now threatening to sue. NLW examines the controversy from five dimensions:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The argument for and against lending as a security</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The SEC’s pattern of regulation by litigation</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How the SEC is rewarding bad actors by punishing compliance</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The concerning surveillance implications of one of the SEC’s requests </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why these strong-arm tactics are doomed </span></li> </ul> <p><span style="font-weight: 400;">Should Coinbase take the battle to court? </span></p> <div data-pm-slice="1 1 []" data-en-clipboard="true">Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev= "en_rl_none">https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></div> <div>Google: <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=" rev= "en_rl_none">https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=</a></div> <div> </div> <div>Join the discussion: <a href="https://discord.gg/VrKRrfKCz8" rev="en_rl_none">https://discord.gg/VrKRrfK