{"id":18562,"date":"2023-05-11T19:49:59","date_gmt":"2023-05-11T19:49:59","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/we-screwed-up-coinbase-clo-responds-to-outrage-after-exchange-associated-pepe-with-hate-groups\/"},"modified":"2023-05-11T19:50:00","modified_gmt":"2023-05-11T19:50:00","slug":"we-screwed-up-coinbase-clo-responds-to-outrage-after-exchange-associated-pepe-with-hate-groups","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/we-screwed-up-coinbase-clo-responds-to-outrage-after-exchange-associated-pepe-with-hate-groups\/","title":{"rendered":"‘We screwed up’ \u2014 Coinbase CLO responds to outrage after exchange associated Pepe with hate groups"},"content":{"rendered":"
Coinbase chief legal officer Paul Grewal has issued an apology after the crypto exchange sent out an email labeling the Pepe the frog meme as a \u201chate symbol\u201d \u2014 a move that prompted many users to call for a boycott.<\/p>\n
In a May 11 tweet, Grewal said Coinbase had \u201cscrewed up\u201d in sharing information about the Pepe meme, which included that it had been co-opted by many alt-right groups as a hate symbol. According to the Coinbase CLO, the exchange was attempting \u201cto provide a fact-based picture of a trending topic\u201d to its users.<\/p>\n