“I’d fire him” – Kevin O’Leary criticizes Coinbase CEO for fighting with SEC

“I’d fire him” – Kevin O’Leary criticizes Coinbase CEO for fighting with SEC
фото показано с : invezz.com

2023-6-12 13:43

The latest crypto regulation wave saw the United States Securities & Exchange Commission suing exchange Coinbase for illegal operations. As invezz.com reported, the trading firm’s CEO was ready for a court battle with the regulators.

However, Kevin O’Leary criticized Armstrong’s attitude towards lawmakers during a Yahoo Finance interview. Shark Tank star believes going to war with Gensler will yield pessimistic outcomes.

Kevin O’Leary slams Coinbase CEO

Kevin O’Leary is against Coinbase’s Brian Armstrong for resorting to war with the SEC. Invezz.com news show the securities regulator filed a suit against the leading cryptocurrency firm for operating as a broker, clearing agency, and exchange without certification.

Moreover, the lawmakers alleged that Coinbase sold and offered securities without authorization. While perceiving Coinbase CEO as a pioneer, O’Leary stated that he would fire Armstrong if he worked for him. He added that he would withdraw his investments if he were among the exchange’s shareholders.

O’Leary has no interest in investing in a service that’s at war with regulators. He added that he lost $15M on the now insolvent FTX exchange, whose CEO faces multiple civil and criminal felonies.

O’Leary believes crypto is worthless

Kevin O’Leary Commented on the cryptocurrency market, stating that the industry has been stagnant for three years amidst a lack of institutional awareness. He added that you could hardly find businesses that use crypto, indicating faded interest.

Shank Tank star believes crypto will remain worthless until the market resolves the ongoing issues. He trusts the industry has nothing besides the fun of cheering.

The post “I’d fire him” – Kevin O’Leary criticizes Coinbase CEO for fighting with SEC appeared first on Invezz.

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coinbase ceo exchange invezz suing reported illegal

Источник: invezz.com

coinbase ceo → Результатов: 126


Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network

Post Facebook’s unveiling of its upcoming cryptocurrency project, Libra, a lot has been said and written on the privacy and security factors of these digital assets. In the light of privacy coins’ dominating the limelight this month, Coinbase Co-founder and CEO, Brian Armstrong, tweeted, “A scalable, sufficiently decentralized, chain that supported private transactions by default […] The post Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network appeared first on AMBCrypto.

2019-6-23 20:30


Coinbase CEO says crypto-winter only for coin prices; claims it’s summer for innovation

Brian Armstrong, CEO and Co-founder of Coinbase, spoke about the new staking service provided by the platform for institutional investors, in an interview with Fortune’s Jeff Roberts. Towards the end of March 2019, Coinbase announced that they would be launching offline staking support for Proof-of-Stake cryptocurrencies, starting with Tezos [XTZ], the nineteenth largest cryptocurrency by […] The post Coinbase CEO says crypto-winter only for coin prices; claims it’s summer for innovation appeared first on AMBCrypto.

2019-4-2 18:00


CEO Coinbase рассказал об основных принципах работы с институциональными инвесторами

Вице-президент и генеральный директор биржи Coinbase Адам Уайт опубликовал перечень базовых принципов, по которым создаются и работают сервисы компании для институциональных инвесторов. По его мнению, новые продукты смогут привлечь новый капитал в индустрию и приблизить Coinbase к открытой финансовой системе.

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