Coinbase Debt Was a 'Canary in the Coal Mine' for Crypto Meltdown

Coinbase Debt Was a ‘Canary in the Coal Mine’ for Crypto Meltdown

(Bloomberg) — Following the dramatic collapse of Sam Bankman-Fried’s crypto empire, many investors are looking for warning signs that may have predicted the contagion that was about to unfold. A possibility ? Coinbase Global Inc.’s junk bonds Bloomberg’s Most Read The largest U.S. digital asset trading platform has seen its bond prices plunge this year. …

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