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.
Mr Goxx Jr. has a swankier set up than his predecessor but so far the latest crypto trading hamster has had to battle a Bitcoin downturn.
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.
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.
Mining Capital Coin’s Luiz Capuci Jr siphoned $11 million of investor funds into his own crypto wallets to buy sports cars, a yacht, and real estate.