'We screwed up' — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups

‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups


Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying Pepe “has been co-opted as a hate symbol” by certain groups.

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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 “hate symbol” — a move that prompted many users to call for a boycott.

In a May 11 tweet, Grewal said Coinbase had “screwed up” 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 “to provide a fact-based picture

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