FTX Fiasco Reduces Confidence in Crypto Exchanges, Drags Coinbase Stock to New Low

On Monday (21 November 2022), the price of Coinbase Global Inc. stock (Nasdaq: COIN) dropped to a new all-time low. On 8 November 2022, the Coinbase CFO published a blog post (titled “Our approach to transparency, risk management, and consumer protection”) in which she said: “First, from day one Coinbase has sought to be the most secure