Thread by @CryptoKingKeyur

🚨 BREAKING: Coinbase Drops Bombshell on SEC in Epic Showdown 😱

Find out why the #crypto exchange is FURIOUS with the SEC 🤬

A thread 🧵

1️⃣ Coinbase just fired shots at the SEC with no mercy, exposing their shady tactics and evasive maneuvers.

2️⃣ In a blistering letter filed in court, Coinbase slams the SEC for their "no straight answers" policy 🤬

👉 Despite a court order to address the inconsistencies, the SEC continues to dodge and parrot their talking points.

3️⃣ Coinbase accuses the SEC of deliberately keeping the court in the dark about their decision-making process 😱

👉 The SEC's silence is causing massive delays and wreaking havoc on the entire #crypto industry.

4️⃣ According to Coinbase, SEC Chair Gary Gensler is on a rampage, hell-bent on destroying a prominent U.S. company and crippling an entire industry.

👉 The impact of the SEC's relentless enforcement actions is devastating, but Gensler seems unfazed.

5️⃣ Coinbase's Chief Legal Officer, Paul Grewal, took to Twitter to express his frustration.

👉 He boldly stated, "It's unusual for the government to defy a direct question from a federal court."

https://twitter.com/iampaulgrewal/status/1669880095908184070

6️⃣ To ensure justice prevails, Coinbase is seeking a writ of mandamus, an order compelling the government to fulfill its obligations.

👉 They won't back down without a fight! 💪

7️⃣ Coinbase is pushing for a 60-day deadline starting from June 13th, the day of the SEC's request for more time.

👉 They refuse to let the SEC drag this out any longer.

8️⃣ In a shocking twist, the SEC recently sued Coinbase, alleging the trading platform violated securities rules.

👉 Are they trying to take down the #crypto giant?

👉 Is this a calculated attack?

9️⃣ That's a wrap on this explosive Coinbase vs. SEC Twitter thread!

👉 Remember, the future of the #crypto industry is on the line, and the outcome of this battle will shape its destiny.

👉 Join the conversation, take a stand, and let your voice be heard!

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https://twitter.com/cryptokingkeyur/status/1670699795286224896