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Coinbase tells judge that buying crypto is just like collecting Beanie Babies (finance.yahoo.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.

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[–] shortwavesurfer@lemmy.zip 5 points 10 months ago* (last edited 10 months ago)

That is Bitcoin though, not Monero, and everybody should know that Bitcoin is traceable. I've certainly been aware of that for years.