Coinbase tells SEC it no longer thinks crypto is the future of finance
Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it's just selling Beanie Babies.
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Coinbase had claimed that, through crypto, it was creating more economic freedom for the world. Now it says it's just selling Beanie Babies.
Read more (2 min) →According to its creator, the new Brian Armstrong tweet archive should focus on the years 2015 to 2018 when he "posted all the spicy takes."
Since late December, Coinbase insiders have sold more than 500K shares for just over $26 million while only 57K shares have been bought.
Armstrong admitted that, while Coinbase's Prime and Custody customers had "strong legal protections in their terms of service," retail customers didn't.
Coinbase chief Brian Armstrong apologized to Gavin Andresen after the former Bitcoin dev complained about demands for bank statements.