Whats your personal view on the potential outcome if I

Question

COTI - Currency of the Internet

Sam Braamhaar

Whats your personal view on the potential outcome if I

may ask?

#coti #cryptocurrency #english

0

09.06.2023

6 ответов

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Zippy Zoro | Resolute Node

If I was Coti I would sit back and to see if you actually get charged. Remember coti hasn't been sued yet, and where just used as an evidence example along with 12 other projects. I would let Binance.US who has massive funds fight it out. Binance has to prove that all the projects are not securities among the other charges. I would wait it out as long as possible and hope clarification comes from Ripple / Binance ornCoinsbase cases

0

09.06.2023

Paul The Oracle

Zippy Zoro | Resolute Node
If I was Coti I would sit back and to see if you a...

Cu in 5 years 😂

0

09.06.2023

McPrime

Zippy Zoro | Resolute Node
If I was Coti I would sit back and to see if you a...

Wasn't it another entity that got accused of wash trading COTI that got used as evidence? COTI got caught by chance in a very large net due to alleged activities by other companies

0

09.06.2023

J. Roger

McPrime
Wasn't it another entity that got accused of wash ...

Even though I am not particularly a fan the Coin Bureau video yesterday is probably bang on in their theory that it's Coti's association with Cardano + DJED. As per the wash trading every lawsuit in the US, even small suits with two private citizens fighting each other, is packed with claim after claim these days so hopefully one sticks even if everything else is thrown out. If they can't get Binance on selling, "securities" they might get them on wash trading. If not that maybe they'll get them on misappropriation of client funds etc. It's just a game at the end of the day. I don't even think in terms of Coinbase they actually care so much about the assets for sale I think what they really care about is the staking. Which, from a legal perspective is Coinbase's weakest point for them to defend and they'll probably take the L on that one without a new law being passed. I have faith at the end of the day this is all going to sort itself out, but it could/probably will take a very long time.

0

09.06.2023

Coti Ship

J. Roger
Even though I am not particularly a fan the Coin B...

Also not a huge fan, has been inaccurate on COTI in previous videos. I'm not sure I buy into the loose connection he makes to DJED and it's link to DEFI. There are far larger defi protocols and stablecoins to target. Not one with ~12m market cap. I'm sure we'll learn why with time, really obscure.

0

09.06.2023

J. Roger · Accepted Answer

Luckily the Ripple case is also in the Southern District of NY if a decision similar to the LBRY case happens then the SEC is a really bad spot. That's what you need to keep your fingers crossed on. If that is a fair decision then with Coinbase the SEC is up sh#ts creek because the judge in the Coinbase case is not going to decide differently - well she could, but I just honestly doubt it as it's a bad light on a previous ruling with overall similarity to the matter of Coinbase and the securities question.

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