As the crypto markets roil from the collapse of FTX, Coinbase, the publicly-traded cryptocurrency exchange domiciled in the U.S., is trying to assure investors that FTX was merely a bad actor and is not indicative of the rest of the industry.
“This is fraud,” Coinbase CFO Alesia Haas said in a Wall Street Journal livestreamed Q&A late yesterday afternoon when asked whether this was the crypto industry’s “Lehman moment.”
