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Coinbase Stock Tanks on SEC Probe—But Analysts Call Hack Fears ‘Overhyped’
Coinbase Stock Tanks on SEC Probe—But Analysts Call Hack Fears ‘Overhyped’
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Regulators circle as COIN takes a nosedive—yet another case of Wall Street conflating short-term noise with long-term signal.
Market watchers dismiss the hack reaction as panic-selling theater: ‘Security breaches get patched, but regulatory overreach? That’s the real systemic risk.’
Bonus jab: Nothing unites crypto bulls and bears faster than the SEC’s unique talent for making both sides lose money.
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