Coinbase Claims Zero Exposure To Genesis Trading
The exchange announced on Twitter that it has zero exposure to Genesis Trading.
To remember its safeguards against implosions, the exchange tweeted a copy of the paper outlining its philosophy on openness, risk management, and customer protection. It claimed that promoting a secure, ethical crypto economy and safeguarding its clients were top priorities.
Earlier, a document was released revealing that Coinbase CEO Brian Armstrong sold approximately 30,000 Class A shares for $1.6 million on November 11.
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