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Coinbase says that the SEC has agreed to drop the enforcement case against the company. It only cost them $75 million in political contributions.
(Don’t forget that $50 million of those contributions appeared to be blatantly illegal, although Trump is already hard at work making the Federal Elections Commission even less effective than it previously was.)
https://www.citationneeded.news/coinbase-campaign-finance-violation/
Citation Needed · Coinbase appears to have violated campaign finance laws with a $25 million super PAC donationActively involved in contract negotiations with a federal government agency, Coinbase was likely prohibited from making its $25 million contribution to the Fairshake cryptocurrency-focused super PAC in May 2024.
This is all very criminal.
The problem is obviously zero oversight from anyone but the criminals.
Unfortunately, DOJ and SCOTUS are mearly a reflection of the criminals and billionaires who donate their money and power.
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I knew that was Monty Python...