Last Updated on May 12, 2023 by Bitfinsider
The chief legal officer of Coinbase issued an apology on Thursday for stating in a newsletter that some groups view Pepe the Frog as a hate symbol for far-right groups.
Paul Grewal, the chief legal officer of Coinbase, tweeted, “We messed up and we’re sorry.” “Yesterday, we provided a factual overview of the $pepe meme coin in order to shed light on a trending topic. We apologise to the community for not providing a comprehensive account of the history of this meme.
The newfound popularity of the Pepe memecoin prompted the drama. The market capitalization of the cryptocurrency token modelled after the Pepe the Frog meme surpassed $1 billion for the first time this month.
Coinbase published a newsletter detailing the meme’s origins. Pepe the Frog is listed as a “general hate symbol” on the website of the Anti-Defamation League.
The hashtag #DELETECOINBASE began circulating on Twitter shortly thereafter. It appears that the reference to Pepe as a hate symbol has been removed from the Coinbase newsletter.
How to buy or trade PEPE on ProEX
You can buy or trade PEPE on ProEX. As ProEX frequently holds campaigns and events, you should check out its event page here to see if you can participate and win rewards as you trade.
On ProEX, you can trade PEPE as a spot pair (PEPE/USDT) in 3 simple steps:
- Sign up and register an account on ProEX
- Buy USDT via ProEX One-click Buy
- Trade PEPE/USDT at ProEX Spot
Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.
