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Coinbase Calls PEPE a ‘Hate Symbol,’ Prompting Calls To Boycott the Exchange

Coinbase has come under fire from the memecoin community after an email sent to customers referred to Pepe (PEPE) as a "hate symbol" co-opted by alt-right groups. The email cited a 2016 decision from the Anti-Defamation League to place the frog-themed character in its database of online hate symbols.

Fans and holders of the memecoin were outraged, with some calling for Coinbase to issue an apology and others threatening to delete their accounts with the exchange. Gemini has listed the Pepe token for trading, with a more open-ended description of the new token.

Pepe Pepe $0.00
+1.38%
Coinbase Gemini
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