Not what I'm saying at all. I'm saying that a publicly traded company went through all of the due diligence that it takes to become a publicly traded company (if you've ever been through that, it is pretty intense) and then asked for further clarification on their existing practices, couldn't get that, then got served a wells notice and is now having to go to court to get further clarification. All because the SEC can't or won't give clear guidance on things that they are supposed to be in charge of.
Terrible analogy. fentanyl requires a prescription to get access to it. There are well defined processes for this.
Until the SEC defines what sort of requirements there are to purchase crypto (like the FDA has [0]), coinbase isn't doing anything illegal by selling it.
Bad analogy because Coinbase isn't you. Coinbase is a licensed securities dealer. So that would be more like a licensed drug distributor asking the DEA how to get a license to distribute fentanyl to hospitals. And the DEA would happily answer them.