Coinbase, one of the world’s largest cryptocurrency exchanges, may sue some Georgian investors who turned a flaw in the platform into an arbitrage opportunity.
Due to a technical problem with Coinbase on August 29, the stock market 100 times mistake in lari exchange rate had happened.
About a thousand Georgian Coinbase users, who noticed this problem in the stock market, arbitrage opportunity transformed. Coinbase, not the question itself, originated from a third party had explained.
Investors who took advantage of the deficit in the stock market exchange cryptocurrencies in their accounts for lari. at above-normal prices He sold the money and transferred the money to his bank accounts.
According to the press release made by Coinbase management, the stock market is therefore trying to recover its financial losses. Gvinadze & Partners He started working with a law firm called
According to the statements of the stock market management, Coinbase will not initiate a legal fight against its customers who earn above normal due to the problem, but return this profit to the stock market.