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It's Potentially Illegal: As Crypto Crashed, Coinbase Stopped Some Notifications
Aug. 17, 2022, 12:01 a.m. | Mother Jones
The RISKS Digest catless.ncl.ac.uk
The exchange's emailed price alerts ended right when customers may have
needed them the most.
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 …
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