[acdha]

You know how defensive proponents get when critics of cryptocurrencies say the space is risky and full of scams? This kind of scrutiny is normal in the business world, especially when trying to raise money on the stock market where there are rules and regulations about accurately disclosing information to potential investors.

You appear to be invested in the space so ask yourself whether reflexively blowing off routine financial reporting helps or hurts that “full of grifters” reputation.

[naturalauction]

One small thing to note is that as it says in the article, Coinbase isn't actually trying to raise any money (it's a direct listing). IMO this actually makes it worse as much of the rationale for the company going public in the first place is these same insides wanting to cash out.