January 10, 2025

Day: December 18, 2021

Coinbase has become the new Robinhood. They’re artificially withholding Algorand withdrawals because of liquidity issues and do not want to lose out on their governance rewards. It has been over 24 hours now and they’re pretending it’s a technical issue.
1 min read

Coinbase has become the new Robinhood. They’re artificially withholding Algorand withdrawals because of liquidity issues and do not want to lose out on their governance rewards. It has been over 24 hours now and they’re pretending it’s a technical issue.

December 18, 2021
My guess is Coinbase is running on fractional reserves and doesn’t wanna lose out on it’s governance...
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