SEC Versus Coinbase, Binance
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 7 June 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
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Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.
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Show links:
SEC sues Coinbase (COIN) for operating as unregistered broker; COIN slumps.
Shopify stock jumps after sale of logistics business
JOANN nosedives to all-time low after weak Q1 results
TC Energy latest Canadian oil and gas company to lay off staff - Reuters
Nasdaq, S&P, Dow eke out gains, helped by regional banks; SEC sues Coinbase
Wednesday's economic calendar
Catalyst Watch: Apple's WWDC event, OPEC fallout and REITs on display
Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Wednesday, June 7th, and I'm your host Julie Morgan. |
| 0:12.0 | The SEC is suing Coin Base Global. |
| 0:14.3 | Coin dropped more than 12% on Tuesday. |
| 0:17.6 | Another Canadian Oil and Gas Company is laying off workers. |
| 0:21.4 | TC Energy joins the list. |
| 0:24.0 | New York City is suing two car companies. |
| 0:27.0 | The lawsuit says Kia and Hyundai made vehicles that are dangerously susceptible to theft. |
| 0:33.8 | Remember as you listen to the show, |
| 0:35.6 | if you hear a topic that you'd like more information about, |
| 0:38.3 | we include all transcripts and links on Seeking Alpha |
| 0:41.8 | will be published under Wall Street Breakfast. |
| 0:44.2 | We also include links to all articles on our podcast show notes. |
| 0:48.4 | You can find show notes under the episode description on your podcast player. |
| 0:52.8 | Our top stories. |
| 0:55.0 | Coinbase Global tumbled 12% on Tuesday. |
| 0:58.0 | This happening after the U.S. Securities and Exchange Commission filed a lawsuit against the |
| 1:03.0 | cryptocurrency exchange. The suit alleges that |
| 1:05.7 | coin base is operating as an unregistered securities broker. |
| 1:09.7 | According to the complaint, the SEC said that since at least 2019, |
| 1:14.2 | Coinbase has unlawfully facilitated the buying and selling of |
| 1:18.1 | crypto asset securities. |
... |
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