Coin

<ul> 
 <li><strong>Crypto trader Martin Folb believes the CFTC seeks information on subscriber behavior from Coinbase to “prove something” about the Bybit exchange.</strong></li> 
 <li><strong>The crypto trader believes CFTC is going through Coinbase to gather Bybit users’ data.</strong></li> 
 <li><strong>Folb noted that what the CFTC is doing through Coinbase is unconstitutional.</strong></li> 
</ul> 
<p>Crypto trader Martin Folb, commonly known as MartyParty, shared that the Commodity Futures Trading Commission (CFTC) seeks information on subscriber behavior to “prove something” about the Bybit crypto exchange. He claimed that the regulator is going through <a href="https://coinedition.com/tag/coinbase-news/">Coinbase</a> to gather users’ data that could support its case against Bybit, a non-U.S.-based crypto exchange.</p> 
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   <p lang="en" dir="ltr">Update on <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Bybit_Official</a> situation: Appears all <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Bybit_Official</a> users have received an email re: The <a href="https://twitter.com/CFTC?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@CFTC</a> case against <a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Bybit_Official</a> <br><br>"No action is required from you, but Coinbase may respond to the Subpoena unless served before November 30, 2023 with a motion to quash or… <a href="https://t.co/k0s4S4Hx0L" target="_blank" rel="nofollow">pic.twitter.com/k0s4S4Hx0L</a></p>— MartyParty (@martypartymusic) <a href="https://twitter.com/martypartymusic/status/1729298907921006701?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 28, 2023</a>
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<p>Folb explained via a recent post on X (formerly Twitter) that the CFTC is adopting an indirect process to pursue its objective. …</p>
<p>The post <a href="https://coinedition.com/crypto-analyst-considers-the-cftc-and-coinbase-move-illegal/">Crypto Analyst Considers the CFTC and Coinbase Move Illegal</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst Considers the CFTC and Coinbase Move Illegal

Coin Edition

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