In fact, there is a source for this, and it seems that whoever can move Coinbase's trading volume will have to be prepared for a wave of black drafts
At the end of last year, Brother Sun's WBTC trading volume was very high, and Coinbase started a cbbtc by itself, and as a result, it directly removed the competing WBTC from the shelves, in order to let its products eat up market share. He was later directly sued by @justinsuntron
This year it was BNBChain's turn and $BNB to be targeted. Coinbase saw the return of @cz_binance, made the ecosystem better and better, and directly began to routinely use the familiar black draft strategy. I don't remember this being the first time that I have been written by various media outlets almost every month. This time, I finally saw who it was
Coinbase is the largest compliant exchange in the United States, and the result? If you can't win, you will be taken off the shelf, and if you can't win, you will write a black draft, can't you compete openly once
🚨JUST IN: Evidence is emerging that COINBASE was the “anonymous” source behind the hit job on President Trump’s World Liberty Financial and Binance ‼️
Coinbase learned that a pardon for Binance’s CZ may be on the table and due to their industry high fees and poor customer service, higher ups at the crypto company fear their rival Binance returning to the states with full legal status.
Binance is the world’s #1 crypto exchange. A return to the U.S. would immediately cut into Coinbase’s market share and do severe damage to their bottom line.
What is most shocking is that Coinbase would target President Trump in an attempt to hurt their competition. This is anti-American! Will Coinbase fess up and face the heat for their poor decision? It will all come out soon!
15.58K
58
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.