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That awkward moment when you appeal to authority, but it is the wrong authority. Coinbase doesn't trades securities, and had not even registered as a broker-de
by deltateam 8y ago
That awkward moment when you appeal to authority, but it is the wrong authority.
Coinbase doesn't trades securities, and had not even registered as a broker-dealer at the time of any of these complaints.
Wouldn't the Federal Trade Commission be the more apt generic regulator to lodge these complaints to?
- joering2 8y agoThat brilliant moment when you appeal to the authority to put some complaint on the record, before they eventually try to go public.
- sizzzzlerz 8y agoI'd suggest the consumer help reporter on your local TV station. The Feds don't care. Why should they? It's not like this involves real currency or stocks. "You pays your money, you takes your chances."
- xkcd-sucks 8y agoSeems like somebody is missing a bunch of tax revenue if people can't cash out though
- alasdair_ 8y ago>It's not like this involves real currency According to the US Treasury Dept. it's a currency.
- JumpCrisscross 8y ago> Wouldn't the Federal Trade Commission be the more apt generic regulator to lodge these complaints to? The best strategy would involve papering many agencies. The CFPB, SEC, CFTC, OCC, your state financial services regulator and attorney general, et cetera. Generally speaking, the SEC is still deciding whether Bitcoin is in its purview. Lots of complaints could cause it to classify Bitcoin exchanges as being subject to the Exchange Act or 1934.
- deltateam 8y ago> whether more like rationalizing HOW
- jonhendry18 8y ago"The best strategy would involve papering many agencies. The CFPB, SEC, CFTC, OCC" Preferably before January 20, 2017