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> Is a loss for Coinbase a company-ending event? We don’t do that kind of thing in America except for the occasional Enron when extreme levels of fraud are inv
by civilitty 3y ago
> Is a loss for Coinbase a company-ending event?
We don’t do that kind of thing in America except for the occasional Enron when extreme levels of fraud are involved and someone takes out California’s electrical grid to boost profits.
IANAL but these SEC violations don’t seem to fit the bill.
- triceratops 3y agoSee: https://en.wikipedia.org/wiki/Aereo https://en.wikipedia.org/wiki/Aereo The courts found their business model and technology fundamentally illegal.
- paulpauper 3y agohow about for-profit colleges . many were forced to shutdown due to lawsuits and major regulation under Obama
- adsfgiodsnrio 3y ago"OK, securities exchange, you can continue operating as long as you shut down the securities exchange." I suppose they can keep the office cafeteria open.