GM Brew Crew, you know that bodega across the street that has everything you could ever need? That’s like us, we got all the resources to get you primed up for success in the crypto world. Let’s dive in ⬇️

On the menu today:

• 🙊 WHO IS TELLING THE TRUTH: SEC VS BRIAN ARMSTRONG

• ✈️ STAKE NFTS FOR FLIGHT MILES

• 👀 YUGA LABS TO ACQUIRE ROAR STUDIOS

Today’s Charts:

🙊 WHO IS TELLING THE TRUTH: SEC VS BRIAN ARMSTRONG

Coinbase's CEO stated in a recent Financial Times interview that the SEC requested the delisting of all coins except BTC. However, a Coinbase spokesperson has since denied the accuracy behind such a claim.

In the interview Brian Armstrong (Coinbase’s CEO) was quoted saying he was told by the SEC “we’re not going to explain it to you; you need to delist every asset other than Bitcoin.”

A Coinbase representative refuted Brian's claims as false, citing that the SEC cannot make such a request before a commission vote or decision.

However, earlier this year, SEC chairman Gary Gensler did say in an interview that everything other than bitcoin is considered a security.

🚨Takeaway: Over time, certain individuals within the SEC have undoubtedly shared their personal opinions regarding crypto, but did they speak on it as a whole prematurely? Thats the wild element to this. It's now fascinating to see if Brian will stand firm in his claims regarding the SEC's supposed statements or if he'll reconsider his stance, as the representative from Coinbase seems to wish for.

Here's a glimpse of the February interview with SEC chair Gary Gensler ⬇️

✈️ STAKE NFTS FOR FLIGHT MILES