Coinbase accused of writing Bitcoin IOUs for BlackRock: the response from the CEO

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Over the weekend, some accounts on X have gone out on a limb to accuse Coinbase of collaborating with BlackRock by providing Bitcoin IOUs. The hypothesis is that the two want to manipulate the price of BTC. The CEO of Coinbase, Brian Armstrong, responded immediately, trying to disprove the existence of this sort of conspiracy.

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