Coinbase’s Base Network Allegedly Fueled a $16 Million Pump and Dump

2025-04-17

coinbase’s layer 2 network, Base, is facing intense scrutiny after what appears to be a major pump and dump—one that it inadvertently helped fuel. The project’s official Twitter account publicly promoted a meme coin titled “Base is for everyone.”  This triggered a speculative surge, driving the token’s market cap to an estimated $15 to $20 … Continued

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