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> Earlier today, following a Department of Justice (DOJ) investigation into a former Coinbase employee’s misuse of confidential Coinbase information related to listing decisions (...)

If my exchange was accused of having an employee doing something so damaging as insider trade against my customers, I would deny it if it were false, or apologize and promise corrections/reparations if it were true.

Instead, Coinbase does not deny that their employee damaged their customers, but instead spend their effort in denying the legal technicality that could make them liable.

I've made up my mind, Coinbase leadership are scumbags.




I don't view it that way.

I think the fact that Coinbase does not deny that their employee acted wrongly is a good thing.

Their stance is that cryptocurrencies aren't securities to avoid ("unfair") SEC regulatory capture.


Good thing, what the hell does that mean? Good for what purpose?

Obviously they don't deny it because it's true, that's not my point. My point is that even being true, their first concern could be their customers, but it's not because they're scumbags.




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