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And the sky is blue. News at 11. But in all seriousness, Coinbase is not a particularly ethical company. I still won’t forgive them for how they pulled off the
by EternalUsenet 3y ago
And the sky is blue. News at 11.
But in all seriousness, Coinbase is not a particularly ethical company. I still won’t forgive them for how they pulled off the insider trading and boosting of Litecoin, which made Charlie Lee rich off the backs of the peanut gallery.
EDIT: for those with seemingly limited memories - Charlie Lee worked for Coinbase at one point, and was able to successfully get his shitcoin (which was basically a hastily tweaked bitcoin) accepted for off ramping to fiat. Sounds like a direct conflict of interest, and I’m surprised Coinbase wasn’t investigated for this.
- latchkey 3y agoYou're getting downvoted, but your post is partially correct. You missed the best part though. Charlie Lee sold all of his tokens at the top and then told everyone he sold the top, causing the top to not be so top any more. https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee...
- EternalUsenet 3y agoReally was one of the best heists he ever pulled off in broad daylight. Probably should have left Coinbase in handcuffs, but I digress.
- latchkey 3y agoBest part... he keeps pumping it on X... the grift never ends.