>Your confidence in coinbase, given they are unregulated in any meaningful way, is IMO misplaced.
I think you're reading too much into my comment. I wasn't trying to claim that cryptocurrency exchanges didn't engage in shady behavior, I was only claiming that the specific accusation of "they halted trading because of liquidity issues from their pumping" didn't make any sense.
Re:Coinbase Pro Disables Margin Trading
by somezero on Tuesday November 24, 2020 @11:52PM
(#25206149)
You are incorrect. Coinbase regularly gets audited practically every other week by some random regulating body in the country. I’d say ask someone who works there, but you probably won’t as calling any Crypto exchange as ‘Bitcoin’ exchange is something that died off around 2015.
> When it comes to bitcoin exchanges, there really is no need for conspiracy theories
You're saying you don't think that any existing exchanges are conspiring (or have conspired) to defraud?
> there have been multiple high profile stories of very large players engaged in fraud, embezzlement, and duplicitous price fixing, and they are completely unregulated.
Doesn't this make such theories more plausible, not less?
Your confidence in coinbase, given they are unregulated in any meaningful way, is IMO misplaced.