Coinbase Faces Boycott Backlash After Customer Email Blast Calls PEPE ‘Alt-Right Hate Symbol’
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The Coinbase crypto exchange is facing public ire after screenshots emerged from an email that it distributed to its clients. The email from the Nasdaq-listed exchange claimed that Pepe the Frog, the mascot of the infamous PEPE memecoin, is a hate symbol used by the alt-right wing. Coinbase Users Call for Boycott Speaking on the recent popularity of the PEPE memecoin, Coinbase cited the racial history of the mascot in the last 20 years of its existence. According to the email, “PEPE, which was issued around three weeks ago with a comically huge supply of 420 trillion tokens, has been leading
Paul Grewal – the chief legal executive of Coinbase, arguably the biggest and most popular crypto exchange in the U.S. – has made a public apology to the creators of a new meme token called $pepe for claiming the image associated with the token has largely been tied to alt-right…
Cryptocurrency analyst Ali Martinez evaluated the future outlook of Bitcoin and many altcoins in his latest statements. According to Martinez, 119,400 BTC were accumulated by whales at $97,800, and therefore this level could act as critical resistance for Bitcoin. At the time of writing, it is trading at $97,530. Speaking…