How many 1000's you make or lose trading crapto, is not the same as counting how many times I wipe my ass Hey , every stock / futures trade you make is recorded. Would you claim that should also be a state secret ? Dont worry, Im not with the IRS
Cash is also private. I don't understand this clarion call to cryptos because of it's touted "privacy hedge". If you are not doing anything illegal when buying or selling something, why do you care about privacy?
Ok then how about we install video cameras in every room of your home and broadcast it on national television? You're not doing anything illegal right?
You're the one that brought up how there is no need for privacy when doing crypto, well then what reason do you need privacy for in any part of your life?
It's an apples and oranges thing. You are conflating buying and selling with Big Brother watching what time you go to the bathroom and recording it. Let me ask you this...Do you have a credit card?
Not the only exchange. It is a feature, not a bug. 100% of the cryptos listed on coinbase are trackable and has everything to do with being a honeypot of tracking services feasting off of customers and telling them what and where they can send coins. Try sending from any exchange to TradeOgre or depositing anything from tainted addresses to any of the known casinos. They will tell you to fuck off and the guy who gets told to fuck off signs up on twitter to sing praises of known BTC shills and shitfluencers next day. The problem with BTC class of 2017 and later is that they got dicked in the ass real good. Now they are looking to see who they can give a reacharound, vastly exacerbated by the 2021/22 class. Great things going for them is that many of the victims haven't found out that their money was supposed to get zapped up. You got plenty of key people in on the op. Grayscale and Gemini are just starting to surface themselves of all the shady shit related to 3AC and other crap. All of these maggots need to be rinsed out of the system.
It's not only the insider trading. Remember how Coinbase Inc's lead counsel basically dared the SEC to say they were trading in securities. Well, that bluff has been called. Coinbase shares tumble 21% after report that it’s facing SEC probe https://www.cnbc.com/2022/07/26/coinbase-shares-tumble-after-report-that-its-facing-sec-probe.html Shares of Coinbase closed down more than 21% Tuesday on report that it’s facing SEC’s probe into whether the platform is offering unregistered securities. This SEC probe came before and was separate from Coinbase’s alleged insider trading scheme that led to the fraud charge of an ex-Coinbase product manager Thursday. Shares of Coinbase closed down more than 21% Tuesday on reports that it’s facing an SEC probe into whether the platform is offering unregistered securities. Coinbase stock has lost more than 75% of its value this year. The U.S. Securities and Exchange Commission is scrutinizing whether the company illegitimately let users trade digital assets that haven’t been registered as securities, CNBC has confirmed with a source. The news was earlier reported by Bloomberg. “I’m happy to say it again and again: we are confident that our rigorous diligence process — a process the SEC has already reviewed — keeps securities off our platform,” said Coinbase’s chief legal officer Paul Grewal on Twitter. “We look forward to engaging with the SEC on the matter.” This SEC probe reportedly happened before and was separate from Coinbase’s alleged insider trading scheme that led to the fraud charges against an ex-Coinbase product manager and two other people Thursday. But SEC also filed a complaint the same day, claiming that nine of the 25 tokens allegedly traded in the scheme were securities. The argument over how to classify cryptocurrency tokens is controversial. Generally speaking, if cryptocurrencies are commodities (like other kinds of currency), they would be governed by the Commodity Futures Trading Commission. But many crypto projects are funded by the sale of tokens whose primary value is speculative. SEC Chair Gary Gensler has said that “many of these underlying tokens have the attributes of securities” and need to be regulated as such to protect investors. In the agency’s recent lawsuit against the alleged insider trading scheme, the SEC wrote, “A digital token or crypto asset is a crypto asset security if it meets the definition of a security, which the Securities Act defines to include ‘investment contract,’ i.e., if it constitutes an investment of money, in a common enterprise, with a reasonable expectation of profit derived from the efforts of others.” Other crypto firms, such as San Francisco-based Ripple, are also fighting lawsuits from SEC. Compared to Binance and FTX, Coinbase is more selective with its token listings. Coinbase lists over 200 such tokens, according to CoinGecko data.