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War on illegal activity


I am not sure I understand. Do you think this suit is baseless?


Why aren't they suing Coinbase as well?


Why would they? Have Coinbase done anything similar to what Binance is being sued by the SEC for? You could check the court filing and let us know.

And don't stop there. If you've found wrongdoing at Coinbase the SEC would be interested in, feel free to submit a tip to the SEC (https://www.sec.gov/whistleblower/submit-a-tip). Many people have made millions off these tips. This could be your time to shine.


On a separate note, if I wanna file a compliant against a couple other fintechs regarding serious violations, how would I be rewarded? Do you have more clarity? Would appreciate some help!


This article by the Economist talks about the SEC whistleblower program and how to take advantage of it - https://archive.is/vwYXu. They mention that one of the tips was entirely based on open source information. As for reporting, you could leave a tip on the page but they get thousands of those. If you're absolutely certain about your tip, you might consider retaining legal counsel.


They are. Coinbase received a Wells Notice in March, which means the SEC intends to sue them.


That's coming, although Binance is breaking the law much more than Coinbase.


Give it time.





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