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In such a situation, the stock is said to be trading "when issued," which is shorthand for "when, as, and if issued. A representative fght crypto Coinbase communicated to Blockworks that the Financial Times article, which here that Coinbase's CEO, Brian Fght cryptohad received a "recommendation" from the SEC to cease trading in all cryptocurrencies except Bitcoin, was a "misrepresentation of the actual events.

The spokesperson fgt, "At no point before the lawsuit did the SEC request Coinbase to delist any specific assets, a fact acknowledged by the SEC in the same article. Coinbase's statement also highlighted that the original article had insinuated that the SEC had directed Coinbase to stop trading. However, the original article had quoted Armstrong stating that the SEC had instructed Coinbase to "delist every asset other than Bitcoin" after declaring that "every http://blogcrypto.site/crypto-price-prediction/arc-crypto.html other than Bitcoin is a milk road crypto. The Coinbase representative clarified that crypt fght crypto request could only be made after a majority vote fght crypto the SEC Commissioners.

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