Fun fact from the NY atty gen’l: Coinbase has a prop desk that actively trades against its clients. 20% of all trades executed on the Coinbase platform were made by their prop desk.
“Fun fact from the NY atty gen’l. Coinbase has a prop desk that actively trades against its clients. 20% of all trades executed on the Coinbase platform were made by their prop desk. Just burn crypto down and start over. I’m serious. https://t.co/AmCdKJWwiy”
Well....now you know why Coinbase seemed to magically become unusable at opportune times and heavy volatility.
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Yes, I strongly got that feeling whenever they would suddenly have down time at opportune times.