Coinbase Denies Being Source for Bloomberg's CZ Clemency Report

Coinbase's Chief Legal Officer Paul Grewal tweeted denying that Coinbase was the source of Bloomberg's report about CZ seeking a U.S. presidential pardon, calling the allegations "outright disinformation" and emphasizing that Coinbase has never tried to attack competitors. Previously, crypto analyst Matt Wallace posted that Coinbase has a motive to crack down on Binance, especially in the context of CZ possibly seeking a pardon and pushing for Binance to return to the U.S. market. The tweet was subsequently retweeted by CZ. [Wu Shuo]