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Is anyone surprised? It's been extremely obvious that all the players in the crypto space are incredibly shady grifters basically from the start. I honestly can't tell if the people on HN who constantly comment about crypto actually being useful are just young or are actively part of some form of fraud.

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Not all of them, just like 99%. I dont know any grift or scams that kraken or bitstamp pulled, and they have been big players from the start.

Here is your answer: https://www.ycombinator.com/companies/coinbase

Why does the press focus their FUD against Binance? that's the proper question one should ask, is that because the poison FTX failed?

Because Binance is (by their own numbers) by far the largest exchange, and sketchy as hell?

Coinbase is also a financial dumpster fire that's likely to run out of money within months, but compared to the competition they seem like a paragon of virtue.

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