Following the news that the SEC is taking legal action against both Binance and Coinbase, some of the most recognised names in crypto have been reacting on Twitter.
With several coins now under the spotlight by regulators and the global crypto market down 1.9%, the world of crypto has been dealt a double whammy of legal complications. The stock price of Coinbase has fallen by 20% and it could just be the beginning.
Gemini co-founder Cameron Winklevoss has just shared his thoughts in the past 20 minutes. He tweeted: “Being sued by the SEC used to mean you probably did something wrong. Now it means you’re probably doing something right.”
As steeped-in-boiling-water CZ has not held back on the latest developments involving his new Binance battle with the SEC…
Meanwhile, here’s a round-up of the latest reactionary tweets doing the rounds.