Pepe Statement from Coinbase Manager: “We screwed up, we’re sorry…”

The largest US-based cryptocurrency exchange, Coinbase, admitted that it made a mistake regarding the popular meme coin Pepe (PEPE) and apologized to the community.

Chief legal officer of Coinbase Paul Grewal a recent social media in sharingexpressing their regret from the Pepe community apologized. by Coinbase 10 May In the bulletin shared on Wednesday, Pepe’s frog logo as a symbol of hatred by far-right groups statements were made about its use.

These expressions missing And incorrect Stating that this is true, Grewal made the following statements:

We messed up, we’re sorry. Yesterday we shared an overview of the PEPE project to provide a factual picture of a trending topic. However, it contained erroneous statements that did not provide a comprehensive picture of the history of the meme. We apologize to the community.

Sentences containing expressions that the Pepe logo is used as a symbol of hatred, along with Grewal’s explanation Removed from Coinbase newsletter.

Hours after the exchange published the news bulletin, the Pepe community quickly took action and brought Coinbase to a meeting. to post an apology had compressed. However, users on the stock market their accounts deletions about a protest The community, which called for it, received serious support from social media.


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