🧵/2. Coinbase right now is facing a lawsuit in USA because of alleged unregulated securities being used in their operations. They have also reported a $96M loss in the second quarter and amidst all of that they've decided to expand
🧵/3. It is really a bold move considering the state of the market and the environment that it has right now as well. But they have gone with a strategy to gather a chunk of an userbase in Canada which they believe has high crypto awareness
Use caution! They will turn you in if you buy 1,000 worthless coins and they end up going to $65,000
Yeah, gotta be careful
🧵/2. Coinbase right now is facing a lawsuit in USA because of alleged unregulated securities being used in their operations. They have also reported a $96M loss in the second quarter and amidst all of that they've decided to expand
🧵/3. It is really a bold move considering the state of the market and the environment that it has right now as well. But they have gone with a strategy to gather a chunk of an userbase in Canada which they believe has high crypto awareness
End of🧵/4. Check out this article for more information about the announcement and do drop your thoughts below -
https://leofinance.io/@sayu907/coinbase-diversifies-amidst-us-regulatory-chaos-expanding-into-canada
#gosh
Might as well prepare to leave the USA now.
Yeah that maybe on the cards as well who knows