Event JSON
{
"id": "3d659ec9df6d97cb0e0cea3f847e8c8905d8f9a6867e22d0e679681b5a40400a",
"pubkey": "2a31ad2763ec02a3d5dceee4f02c0cc200d856dba83b24708f891f257aa3bd2d",
"created_at": 1744741988,
"kind": 1,
"tags": [
[
"r",
"https://decrypt.co/314884/sec-coinbase-circle-usdc-revenue-formula"
],
[
"subject",
"SEC Has Been Probing Coinbase and Circle USDC Revenue Split for Years"
],
[
"published_at",
"1744741802"
],
[
"image",
"https://cdn.decrypt.co/wp-content/uploads/2022/08/brian-armstrong-gary-gensler-gID_7.jpg"
],
[
"p",
"2a31ad2763ec02a3d5dceee4f02c0cc200d856dba83b24708f891f257aa3bd2d",
"wss://relay-testnet.k8s.layer3.news"
],
[
"imeta",
"url https://cdn.decrypt.co/wp-content/uploads/2022/08/brian-armstrong-gary-gensler-gID_7.jpg"
],
[
"t",
"crypto:perspective"
],
[
"summary",
"The SEC's inquiry focused on financial statements dating back to 2022, requesting certain disclosures be revised and that Coinbase clarify how stablecoin revenue is recognized. Coinbase has provided audited financial statements for years, but has been somewhat guarded about its relationship with Circle. The company earns revenue from assets backing Circle's USDC stablecoin, which is worth $60 billion."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgp2xxkjwclvq23ath8wunczcrxzqrv9dkag8vj8prufrujh4gaa95mzysv4\nhttps://cdn.decrypt.co/wp-content/uploads/2022/08/brian-armstrong-gary-gensler-gID_7.jpg\nInquiries about the USDC revenue split between the two companies began in 2023 while Gary Gensler was still head of the SEC, according to correspondence.\nhttps://decrypt.co/314884/sec-coinbase-circle-usdc-revenue-formula",
"sig": "0fc9a02d7d9fb36d117d5194cf5767730641a4ae3993ecd2484df0ba586a9f4c82ccdebeddba879050de309b71431452eea8a5e8be0ccc1a7fe331483886b09d"
}
