After they lock up the 1000's of Crypto swindlers out there Lock up the useless clowns at the SEC for waiting a decade to prosecute this
Sadly the article doesn't think much of the idea that perhaps congress should pass a law and clear the matter up. "Suing somebody is a faster, easier way to make rules than waiting for Congress to pass legislation." Somebody needs to go read a recent supreme court decision.
On a serious note though I think many cryptocurrency‘s, maybe all of them except for bitcoin, or likely securities. However if the government refuses to give guidance as to what is a security and what is not, how are they going to go after Coinbase? Coinbase repeatedly has asked for guidance and none has come so what exactly are they supposed to do?
Here's the full article on this investigation. https://nymag.com/intelligencer/2022/07/the-secs-coinbase-is-the-biggest-yet-for-crypto.html
nft market is alive and well. my assets are secure July 27, 2022 02:09 PM ET (BZ Newswire) -- Cryptocurrency CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are thought to be lost forever. What happened: CryptoPunk #2567 just sold for 104.95 ETH (CRYPTO: ETH) ($147,655 USD). The value of CryptoPunks is typically determined by Punk's attributes, with the hoodie, beanie, and pilot helmet traits being the most coveted. Other species of Punks (Zombies, Apes and Aliens) are incredibly rare and also sell for a premium. Here are a list of its attributes and how many other Punks have the same trait: Type: Male (6,039) Accessory: Cigarette (961) Accessory: Fedora (186) Accessory: Mustache (288) Accessory: 3 Attributes (4,122) Why it Matters: Cryptopunks are the ultimate rookie card for NFT collectors. CryptoPunks have earned huge influence in 2021, with dozens of Celebrities proudly showing off their punk ownership on Twitter. Cryptopunk sales are a leading indicator for the rest of the NFT market, and go to show that some are willing to spend serious coin on blockchain based art. Price Action: Ethereum is currently trading at $1,503.19, up 8.82% over the past 24 hours. See Also: NFT Release Calendar and Best NFT Projects of 2021 Data provided by OpenSea. Checkout the full cryptopunk collection You can learn more about this NFT here. This article was generated by Benzinga's automated content engine and reviewed by an editor.