“It’s Potentially Illegal”: As Crypto Crashed, Coinbase Stopped Some Notifications (Mother Jones)

Mother Jones: “It’s Potentially Illegal”: As Crypto Crashed, Coinbase Stopped Some Notifications. “Coinbase’s decision to stop email notifications in the middle of a dramatic cryptocurrency crash has not been previously reported. But academics who spoke to Mother Jones note that Coinbase’s decision likely contributed to losses for retail crypto investors who may otherwise have sold their holdings ahead of further devaluation. The change to price updates could run afoul of federal or state consumer protection laws, they said, particularly if it hurt the wallets of any of the relatively inexperienced traders who flocked to crypto in droves during the pandemic.”

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