Coinbase and Cardano Rekt (Breaking News)

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In this video, I discuss breaking news re. the SEC suing Coinbase (COIN) and the dark implications for Cardano (ADA).

Coinbase has been operating an unregistered securities exchange that offers unregistered securities like ADA to retail investors.

Not only is this illegal, but it is also unethical.

Expect further SEC lawsuits against projects like Cardano.

Not investment advice! Consult a financial advisor.

SEC Coming For Crypto:

Crypto Casino Rekt (Binance):

SEC sues Coinbase:

Brian Armstrong betrayed the Bitcoin revolution:

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#coinbase
#cardano
#bitcoin

[Bitcoin_University]

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[DR-csdl]

A friend of mine is in a really dark place at the moment after loosing nearly all of his savings in BlockFi and Cardano, these evil individuals have caused a lot of hurt in the world, playing with peoples emotions and preying on their dreams, I'm glad the SEC and others are coming down on these guys but still I don't feel like it will be enough :/
Thanks for another great video tho Matthew!! you are a real one

[garyfisherman]

I love it when guys like Matthew and Cory Klippsten are right over and over again. How delusional does one need to be to continue ignoring their advice at this point?

[ZeeNakamoto]

Why did they allow Coinbase to go public then? And what's taking so long for them to target ETH?

[treasurechristie]

Matt's work & the news today finally pushed me into getting my BTC off Coinbase.
I'm a 59 y/o woman who isn't very tech savvy, so I've been scared stiff to move my BTC off the exchange.
I had a bad/failed experience last year trying to use Trezor and let fear of messing it up cause me to freeze & procrastinate.
Well, this week I bit the bullet. I pulled out my Coinkite, watched 5 how-to videos 10x each, peed my pants a little and practiced the Valsalva Maneuver to slow my heart rate.
At the end of the day I lost my cold wallet virginity.
Thanks to Matt for being the nagging cold storage friend I needed.

[anaestereo]

I do not share the enthusiasm on exchanges being sued by the Fed.

[chriso]

Matt, how does Swan and other BTC only platforms exchange fiat to BTC? Do they utilize non -retail exchanges that might be at risk?

[jd]

Which exchange can I buy and sell BTC from the UK 🇬🇧 if coinbase goes under?

[roadrunner]

I'm not an ADA fan, but it's still in the same range it's been in all year, so I don't see how you can say it's 'rekt.'

[Alexbl]

Why is it that FTX is restarting and Garry is going after all these exchanges?

[CowboyInTheJungle]

Because of your channel and everything you’ve discussed over the past year I am not surprised at all. Thanks for the education Matt. Once the dust settles, it should only strengthen bitcoin, and hopefully people will be smarter in the future.

[KYFHOme]

How about calling it "ConBase" from now on?

[tommyd]

This is nothing more than the U.S. Gov. seeing crypto as competition to the U.S. $ Domination. Nothing more, nothing less.

[cesuntbanii]

but i don't see this as a reason to celebrate. these are onramps for milions of users. this can be a "sly roundabout" way to slow bitcoin and smudge it with sketchiness and fear....

[vidgamer]

Why did the SEC allow them to sell shares on the NASDAQ?

[Atlas_]

Mystic Matt did it again! Not a surprise for longtime subscribers of this channel...

[MC-znwt]

Anyone know a good bitcoin only exchange in the UK with cheap fees?

[mateussouza]

Hey, Matthew. Which third hardware wallet besides colrcard and jade would you recommend for a 3 wallet hardware wallet multisig?

[Bitcoinnaut_]

No surprise for people that have been following you. Thanks as always!

[ericsurprenant]

Thank God i stopped using Coinbase two years ago and now am a Strike user! I feel bad for anyone who doesn't take their BTC off of their exchange