$Coinbase Global, Inc.(COIN)$

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$Coinbase Global, Inc.(COIN)$ Securities and Exchange Commission lawyers, Michael Welsh and Joseph Watkins, resigned after a federal judge sanctioned the SEC for "gross abuse" of power in a crypto case related to a Utah-based crypto company named DEBT B. SEC has no ability to regulate crypto as it needs to be defined by law that it is a security or a commodity as it’s been found to be both by different judges. SEC will most likely lose its case against Coinbase (even if on appeal). This recent news shows that SEC has a history overstepping what is legally under there regulatory limits

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