Coinbase Apologizes for Pepe-Related Controversy
TL;DR Summary
Coinbase's chief legal officer, Paul Grewal, has issued an apology after the exchange sent out an email labeling the Pepe the Frog meme as a "hate symbol," prompting many users to call for a boycott. Grewal said Coinbase was attempting "to provide a fact-based picture of a trending topic" to its users. The price of the memecoin Pepe (PEPE) has significantly surged in the last 30 days, rising to an all-time high of roughly $0.000004 on May 4.
- 'We screwed up' — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups Cointelegraph
- 'We Screwed Up': Coinbase Apologizes for PEPE Newsletter Blockworks
- ‘We Screwed Up’: Coinbase Apologizes for Pepe Comments as #DeleteCoinbase Trends Decrypt
- Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter CoinDesk
- Pepe memecoin frenzy gets unwanted attention from scammers Cointelegraph
Reading Insights
Total Reads
0
Unique Readers
9
Time Saved
1 min
vs 2 min read
Condensed
76%
328 → 78 words
Want the full story? Read the original article
Read on Cointelegraph