Thursday, July 21, 2022

Here are some of the recent issues and warning signs related to Brian Armstrong and Coinbase insolvency, bankruptcy, and insider trading arrests, along with Satoshi/Dr. Craig Wright's plans to sue them and bankrupt them as the "first head" to roll in his campaign for justice in the Bitcoin space:

Some Coinbase AKA CrimeBase recent issues:

Declares unmasking of Satoshi as the biggest risk to their business.

Coinbase insiders dump billions worth of stock on retail investors, CEO Brian Armstrong purchases mansion for $133M

They get a letter from the SEC warning about their planned product which violated securities regulations, and Brian threw a fit on Twitter calling the SEC 'sketchy'.

They continue to list hundreds of scamcoins, broken systems that can't scale, ponzis, and illegal securities while keeping the real Bitcoin (SV) delisted.

Amid rumors of insolvency in a bear market they begin to cease hiring new employees including rescinding some already accepted job offers

They show signs of withdrawal and liquidity issues, also halt withdrawals of BSV.

They put out a damage control blog post addressing the rumors of their insolvency.

All while Dr. Wright is launching a multi billion dollar lawsuit against Coinbase as well as Kraken for passing off BTC as fake Bitcoins, and Dr. Wright has warned he will bankrupt them. This is after Coinbase failed to heed Dr. Wright's warnings and offer for a negotiation and license deal and to list BSV.

In what seems like preparation for bankruptcy, Coinbase issues a warning that they will seize user's crypto funds in event of bankruptcy.

Soon after this, they made another eyebrow raising move by combining the USD and USDC pools for user funds, leading some to wonder if this means the USD could also be seized in the event of bankruptcy.

Dr. Wright warns later this month, we will begin to see what is unfolding and he said this will play out more into august and september.

Now coinbase employee Ishan Wahi, a former product manager is arrested for insider trading, something they were also accused of by the core cult when they listed BCHSV in 2017.

It seems that things are stacking up against coinbase and Brian Armstrong. Dr. Wright, Satoshi Nakamoto knows that Brian and Coinbase has helped steal from him, and it appears he wants justice, and he wants their heads.


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