Former Coinbase PM charged in cryptocurrency insider trading tipping scheme

Post by modeless » Fri, Jul 22, 2022, 5:38 AM UTC

astrange wrote: post #358

modeless wrote: post #344

Earlier quoted context omitted.

Or maybe the SEC considers all of them securities but thought that they had the strongest case for these seven and didn't want the distraction of arguing about the other 18. But yeah, would be interesting to see the list.

If SEC considers any of them securities, it's very strange for them to go after a single guy at Coinbase and not the entire company, since they've just declared them an illegal securities exchange. (As opposed to an illegal commodities exchange for bitcoin.)

Post by rustqt6 » Fri, Jul 22, 2022, 5:58 AM UTC

rglover wrote: post #337

paulpauper wrote: post #246

Earlier quoted context omitted.

It's amazing how they already had tabs on this guy and just waited for him to leave but without arresting him sooner if you think you broke the law and want to avoid arrest, stay away from the airport. anyone who buys a ticket they get your full info and then the arrest is as easy as picking you up at the gate, nowhere to hide.

So hire a Coyote into Mexico on foot. Got it. For my assigned agent: this is not an admission of guilt, just curiosity and information collection. Carry on.

Post by namecheapTA » Fri, Jul 22, 2022, 6:13 AM UTC

rglover wrote: post #337

paulpauper wrote: post #246

Earlier quoted context omitted.

It's amazing how they already had tabs on this guy and just waited for him to leave but without arresting him sooner if you think you broke the law and want to avoid arrest, stay away from the airport. anyone who buys a ticket they get your full info and then the arrest is as easy as picking you up at the gate, nowhere to hide.

So hire a Coyote into Mexico on foot. Got it. For my assigned agent: this is not an admission of guilt, just curiosity and information collection. Carry on.

Post by namecheapTA » Fri, Jul 22, 2022, 6:16 AM UTC

rustqt6 wrote: post #394

walrus01 wrote: post #227

Earlier quoted context omitted.

He could've taken out cash from his local bank account, turned off his phone, driven to San Ysidro and walked through the public turnstile into Tijuana. And then tried to get a flight from Mexico City to somewhere in south asia. Would have been much better than going through the US/Canada border which has a full data sharing agreement between CBSA and US CBP/ICE. (note: this is a stupid, humorous theoretical, not rea…

> turnstile into Tijuana q1: Surely walking from one country to another needs paperwork of some kind? q2: And even then, don't they check passport for port of entry? Like how and when did you get to mexico if you want to leave it?

Post by lottin » Fri, Jul 22, 2022, 6:33 AM UTC

ETH_start wrote: post #340

lottin wrote: post #243

Earlier quoted context omitted.

Is it me or "decentralised" almost always means "crippled"? The critical function that exchanges have is to allow people to buy and sell tokens. Decentralised exchanges can't do that. They only allow trading a token for another token.

The tokens being traded on DEXes can be stablecoins. In a world where most usage of fiat is in the form of using stablecoins, or one where most financial institutions provide conversion of off-chain fiat to/from stablecoin fiat, most trading can happen on DEXes.