SEC vs. COINBASE – TODAY IS THE DAY! CRYPTO COULD ROCKET TODAY, OR BE RIPPED APART!

SEC vs. COINBASE – TODAY IS THE DAY! CRYPTO COULD ROCKET TODAY, OR BE RIPPED APART!

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Welcome back to the channel it’s Austin here and I want to talk to you about a couple of things having to do with the SEC versus coinbase lawsuit today is a really really big day for this this could be a watershed moment for crypto I’m going to explain to you what that

Means I did a full in-depth video on this yesterday talking about the possible outcomes so I’m not going to get into that too much but I’m going to give you everything you need to know because we could see an interesting day this is one of the main reasons that

Crypto’s been flat uh for the last four five 6 days is that everybody’s been kind of waiting to see what’s going to happen with this so if you remember um SEC sued coinbase for the sale of unregistered Securities and they named uh cardano and other uh cryptos in that

Lawsuit okay and so this is just kind of a extend or continuation of quite frankly the you know the Ripple uh coin the Ripple SEC lawsuit right and we all know how that went last year so here’s what’s happening today is the first court appearance where both parties are

Going to be in front of the judge today this the first time and the main reason for one of the main reasons for today’s court appearance is the judge to rule on coinbase’s motion to dismiss the lawsuit now there’s four possible outcomes I’m not going to dive into each of them but

What it really comes down to is if the judge grants coinbase’s uh dismissal you’re going to I mean that that sends a massive message to the SEC you don’t have a case here you don’t have anything you can’t go after crypto as unregistered Securities and all that kind of stuff now that’s a

Very blanket vanilla statement we all know that the SEC is going to continue to do their thing against crypto we all know that this current regime okay that could happen today and that’s the big potential positive outcome that we could see beyond that there’s other variations the judge could rule um partially in

Their favor saying hey uh we don’t we they they could rule that the SEC doesn’t have a right to call crypto an unregistered security but that you know coinbase’s staking service was not legal there’s different variations on this okay so again I did a full in-depth it’s

On my channel you can go check it out it’s literally titled SEC versus coinbase if you want to check that video out and watch it but my point for this video is to make you aware that today is the day today is a massive day for

Crypto if we get this ruling from the judge today that um whereby the judge dismisses this the lawsuit just completely done will that happen nobody knows we have no Insight I don’t know all the legal maneuverings and legal you know all precedents I I don’t obviously

I’m not a lawyer right but I’m just letting you know that today big day for crypto uh keep your eyes open for more breaking news coming on this I’ll be around all day Cod Before I Let You Go there’s links in the description below go check out my trading indicator X1

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Got right now more to come later today I’ll see you H going to be an interesting day bye