Крипто новости: Paul Grewal, the chief legal officer of Coinbase (COIN), has issued an apology late Thursday noon for a company newsletter that was sent out to its users outlining the Frog meme — which acts as the foundation for the PEPE cryptocurrency — as a hate symbol that is used by the “alt-rights group”.
Coinbase Responds To Controversy
At the time of writing, the tweet that Grewal had posted got viewed over 650,000 times and was hailed with praise. While some Twitter users were quick to point out that Coinbase’s apologies arrived much too late, others cheered the company’s decision to bow down to the authority of the meme.
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Late on Thursday morning, Grewal posted a tweet that read, “We screwed up and we are sorry.” He continued by saying that yesterday the team had discussed an overview of the “PEPE meme coin in order to present a factually accurate picture of a topic that is currently popular.” However, Paul apologized to the community and added that the email did not paint the whole picture of the coin and evolution of the meme.
Мы облажались, и мы сожалеем.
Вчера мы поделились обзором $пепе мем-монета, чтобы предоставить основанную на фактах картину актуальной темы. Это не дает полной картины истории мема, и мы приносим свои извинения сообществу.
— paulgrewal.eth (@iampaulgrewal) 11 мая 2023
Coinbase’s Controversial Email
Customers of Coinbase received an email on Wednesday that referred to the Pepe meme as a hate symbol and that it had been adopted by members of the alt-right movement. Supporters and investors of the frog-themed memecoin were upset by the description of the token, which sparked calls for Coinbase to offer an apology and prompted users to terminate their accounts with the cryptocurrency exchange. The “BoycottCoinbase” hashtag trended on Twitter throughout the day.
Я буду закрывать свои личные и бизнес-счета с @Coinbase и перемещение их в @Близнецы.#ПЕПЕ НЕ СИМВОЛ НЕНАВИСТИ@brian_armstrong, $PEPE сообщество ТРЕБУЕТ, чтобы вы отказались от своего вульгарного заявления о #ПЕКОИН!!#DELETECOINBASE, КОРОТКАЯ $ МОНЕТА ????
— Кеноби (@OG_Kenobi_Hello) 11 мая 2023
In the wake of this crypto news, the price of Pepe’s native cryptocurrency has gained by 0.11% in the past one hour and is currently exchanging hands at $0.00000143.
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Source: https://coingape.com/coinbase-apologizes-for-calling-pepe-hate-symbol/