SEC Slams Coinbase: Regulatory Probe Sparks 7% Stock Plunge
Coinbase’s COIN stock takes a nosedive as the SEC launches investigation into alleged misleading statements—because nothing says ’healthy market’ like regulators playing whack-a-mole with crypto giants.
Active verbs only: The probe cuts through Coinbase’s defenses, bypassing PR spin to hit where it hurts—the share price. Meanwhile, traders shrug and buy the dip, because in crypto-land, every scandal is just another buying opportunity.