Pollak Defends Coinbase's ETH Holdings Amid Criticism

Coinbase has faced criticism over its handling of Ethereum (ETH), but Jesse Pollak dismissed these claims as 'wack'. According to Pollak, Coinbase remains the largest non-DAT ether holder by a significant margin.

Pollak's statement seems to address concerns that Coinbase is somehow involved in selling ETH. However, he emphasizes that the exchange still holds a substantial amount of ETH, which suggests that these claims may be unfounded.