Fresh on the heels of the latest SEC enforcement actions on Binance and Coinbase the crypto market is seeing a healthy bounce.
The grand plan
This must have been thought out a while ago. First sue Binance, and before the dust even settles, sue Coinbase. It hasn’t happened yet, but it really wouldn’t be a surprise if the SEC served Tether with a Wells Notice in the near future.
All planned to sow fear and distrust among retail investors and scare them out of the crypto market. Of course, cutting off the banks that do business with crypto, getting the main market makers to back off from the sector, and embroiling the big exchanges in expensive litigation are also part of the Operation Choke Point plan.
Crypto market rebounds
With all of this as a backdrop, the crypto market has the audacity to start rebounding after yesterday’s Binance news and today’s similar news for Coinbase.
Of course, when the Binance news dropped yesterday it came out of the blue and the crypto market did t
We współpracy z: https://cryptodaily.co.uk/2023/06/bitcoin-and-crypto-rebound-after-sec-attacks-binance-and-coinbase
