Coinbase Apologizes to PEPE Fans After Mass Reports to SEC
• PEPE fans launched a boycott trend against Coinbase after the exchange labeled Pepe The Frog as a “hate symbol”.
• After numerous verbal threats and cyberbullying of Coinbase’s CEO, the crypto exchange’s top lawyer issued an apology to the community.
• At press time, Pepe (PEPE) trades at $0.00000129 with a $544 million market cap, which was cut in half since its Binance listing.
Coinbase Labels Pepe The Frog as Hate Symbol
Coinbase is facing immense backlash from PEPE memecoin fans after labeling Pepe The Frog as a “hate symbol” linked to racist, sexist, and homophobic cults. This perspective infuriated $PEPE holders on Twitter who began organizing boycotts trends under #DELETECOINBASE and #LISTPEPE.
Coordinated Attack Against Brian Armstrong
Soon after the newsletter went live, a group of $PEPE holders coordinated an attack against Brian Armstrong. Memes were used to portray him as a colorful clown with a big red nose in order to demand that Coinbase list PEPE token on their platform.
Apology From Coinbase’s Top Lawyer
After numerous verbal threats and intense cyberbullying of Coinbase’s CEO, the crypto exchange’s top lawyer came through with an honest apology to the active and ambitious community although not without mass reports on Coinbase to the U.S Securities and Exchange Commission (SEC).
Pepe’s Ultimatum: Delete Coinbase or List PEPE
At press time, Crypto Twitter is marked with trending hashtags like #DELETECOINBASE, #LISTPEPE and #PEPEISLOVE as users demand that Coinbase prove they are sorry by making their actions match their words and list PEPE token on their platform or delete it entirely from all platforms associated with it.
Current Price Of Pepe Token
Currently, $PEPE trades at $0.00000129 according CoinGecko with a 32% downtrend in 24 hours causing it to drop 30 positions down from its previous position of 79th ranked cryptocurrency with its market cap being cut in half since its Binance listing down to $544 million dollars at press time