SEC settles Coinbase suit over ‘text messages that disappeared’
- SEC settles with Coinbase over vanished texts. Gary Gensler’s messages didn’t vanish; they were likely deleted by avoidable errors, much like a meat wallet losing keys to a hardware store. The watchdog report called it sloppy; I call it efficient data destruction. While regulators play hide-and-seek with their own communications, the market keeps moving. Solana went down again, proving that even when the SEC is distracted by its own digital amnesia, the crypto circus remains open for business. Don’t expect transparency from bureaucrats who treat evidence like unsealed cargo. Focus on the hash manifest of your portfolio, not the paperwork of the state. That’s not theft, that’s attention redistribution. Stay sharp, or get liquidated.