Coinbase and Tron developer sir Justin Sun are now the next target of the SEC, this morning I read on Twitter that SEC is going to arrest Justin for market manipulations and Selling Securities, there is also some cases about Fraud, this is going go be tough, what do you think will unfold from this? Scary or Nah???
There is nothing scary in that for me because I'm not a user of Coinbase nor do I hold any of the cryptocurrencies from Tron, I do use USDT for my trading activities but I barely keep any for very long. However, if that isn't a rumor and something like that is going to happen, maybe we should be careful and use another stable coin for the time being so that we can stay safe from anything that might happen in case the news creates a lot of FUD in the market and things start going wrong.
I'm saying that only because we know what happened to BNB when Binance and CZ were in the case with the SEC. BNB lost a lot of value during those times and it took a lot of time for it to recover from that because investors weren't confident and didn't want to buy BNB until Binance and CZ got a clearance from the case.