Feb 12, 2022
Coinbase removes cryptocurrency links after ‘rug pull’ warnings
Posted by Genevieve Klien in category: cryptocurrencies
Coinbase Global has removed ‘how to buy’ instructions for at least three crypto tokens which have been the subject of ‘rug pull’ warnings that investors may lose their money, saying on Thursday it plans to improve safeguards. Jaclyn Sales, a spokesperson for Coinbase, said the links were removed from the cryptocurrency exchange’s website after they were brought to its attention this week by Reuters. Nasdaq-listed Coinbase features pages offering tips on investing in tokens and the pages in question were informational rather than making them available to trade on its app or wallet.