Analyst Dan Gambardello Stands With Coinbase in SEC Battle

• Dan Gambardello backs Coinbase against SEC, applauding the court’s ruling for shining a light on the SEC’s evasive process.
• The Third Circuit’s ruling to retain jurisdiction over Coinbase’s challenge to the SEC’s inaction on the petition is seen as a positive development for crypto.
• SEC’s labeling of cryptocurrencies as securities continues to meet backlash amid unclear regulatory landscape.

Popular crypto analyst and founder of Crypto Capital Venture, Dan Gambardello lends support to leading cryptocurrency exchange Coinbase amid its legal tussle with the U.S. Securities and Exchange Commission (SEC).

Commenting on a tweet by Coinbase CLO Paul Grewal, Gambardello stated:

This is huge & puts more pressure on SEC!

This decision reflects a recognition by the court that the SEC's approach to crypto regulations has lacked transparency and accountability.

Continued thanks to @coinbase, @iampaulgrewal, & @brian_armstrong for fighting for crypto space https://t.co/Oj8jPkXi0J

— Dan Gambardello (@cryptorecruitr) June 20, 2023

A few days back, Coinbase sought redress via Mandamus Order for the SEC’s evasive actions. The filing by Coinbase highlighted the failure …

The post Analyst Dan Gambardello Stands With Coinbase in SEC Battle appeared first on Coin Edition.