Coinbase Apologizes for Pepecoin Coverage and Calls to #DeleteCoinbase Trend

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Source: CoinDesk
Coinbase Apologizes for Pepecoin Coverage and Calls to #DeleteCoinbase Trend
Photo: CoinDesk
TL;DR Summary

Coinbase's chief legal officer, Paul Grewal, apologized for a company newsletter on the memecoin frenzy suggesting that the Pepe the Frog meme, on which red-hot PEPE token is based, has been used in racist ways on the internet. The newsletter set off a firestorm of criticism on Twitter, with the #deletecoinbase hashtag trending on the social media site early Thursday morning.

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