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Coinbase says the entire crypto market could be destabilized if Bitcoin's anonymous creator is ever revealed or sells their $30 billion stake


Coinbase says the entire crypto market could be destabilized if Bitcoin s anonymous creator is ever revealed or sells their $30 billion stake
[email protected] (Grace Kay)
Coinbase will go public on the Nasdaq on Wednesday via a direct listing.
In its February filing, the trading platform cites Satoshi Nakamoto s identity as a risk factor.
The creator s cache of bitcoins could wreak havoc on the market if Nakamoto sold their collection.
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Coinbase will go public on Wednesday as a direct listing on the Nasdaq. The company has been assigned a reference price of $250 per share, according to NasdaqTrader.
In the documents the company released in February for its public debut, Coinbase said Satoshi Nakamoto - the pseudonym used by the individual or group of people who developed bitcoin - could cause significant damage to the company. ....

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