𝕏xSE BusinessCrypto first seen 14 h ago, last 13 h ago, peak #32
BlockTower Founder Accuses Coinbase of Covering Up $1 Billion in Hacks
BlockTower Capital founder Ari Paul has publicly accused Coinbase of concealing roughly $1 billion in losses from hacks, according to a claim circulating widely on social media. The allegation quickly drew attention across the crypto industry, with commentators debating whether the exchange has downplayed security incidents. Coinbase has not been reported to have confirmed the figures, and no regulatory finding substantiates the claim so far.
Why now: A prominent crypto investor's unverified allegation against the largest US exchange is fueling debate about exchange transparency and security.
Ari PaulBlockTower CapitalCoinbase
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