Coinbase VP Rejects Accusations of Dumping Ethereum

Jesse Pollak, Vice President of Engineering at Coinbase, has publicly defended his exchange against accusations that it is dumping Ethereum.

The controversy started with a comment by chaskin.eth on X, which was labeled 'badly misplaced' and led to claims from the Base creator that Coinbase holds the world's largest amount of ETH.

Pollak disputed these allegations on X, highlighting tensions between exchanges, token holdings, market rumors, and trust in crypto infrastructure.