Express

NYT Reveals History Of Discriminatory Policies At Coinbase Based Off Employee Interviews

Emily Mason

Summary: The New York Times published a report on Friday revealing claims of a history of discriminatory policies at leading crypto exchange Coinbase. The report is based off interviews with 23 current and former Coinbase employees who outlined repeated incidents of discriminatory behavior including racial stereotyping and a lack of company-wide practices around the hiring and ...

The New York Times published a report on Friday revealing claims of a history of discriminatory policies at leading crypto exchange Coinbase.

The report is based off interviews with 23 current and former Coinbase employees who outlined repeated incidents of discriminatory behavior including racial stereotyping and a lack of company-wide practices around the hiring and promotion of Black employees.

Coinbase attempted to head off the negative article with a post to their blog on Wednesday by writing to their employees to provide what they stated was critical context. The negative report comes after a highly criticized policy from Coinbase where CEO Brian Armstrong urged employees to focus on the company mission and steer away from politics and activism.

By Emily Mason

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago
  • You need to login to comment.