Coinbase boss Brian Armstrong sorry for leaving retail users high and dry
Armstrong admitted that, while Coinbase’s Prime and Custody customers had “strong legal protections in their terms of service,” retail customers didn’t.
Armstrong admitted that, while Coinbase’s Prime and Custody customers had “strong legal protections in their terms of service,” retail customers didn’t.
Last week the American crypto exchange saw its share price drop into double digits for the first time when it sank to just over $84.
The platform had a waiting list of 3 million people but fell flat with fewer than 150 transactions on launch day.
Coinbase chief Brian Armstrong apologized to Gavin Andresen after the former Bitcoin dev complained about demands for bank statements.
Coinbase’s chief counsel cited its geoblocking of Crimea while defending the exchange’s decision not to ban Russia-based users.