Calls to boycott Coinbase after labeling Pepe as a ‘hate symbol’

An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. Here are the most important things to know about this incident:

1. The email featured a cartoon frog that resembled Pepe the Frog, a controversial meme that has been associated with white nationalism and hate speech. The Pepe community, which includes many people who use the meme in harmless or ironic ways, felt that Coinbase was unfairly linking them to hate groups.

2. Many members of the Pepe community took to social media to express their anger and frustration with Coinbase. Some threatened to boycott the platform, while others called for the company to apologize and remove the offending image.

3. Coinbase eventually issued a statement apologizing for the email and promising to do better in the future. However, some members of the Pepe community felt that the apology was insincere and did not go far enough in addressing their concerns.

In summary, an email newsletter sent out by Coinbase featuring a cartoon frog resembling Pepe the Frog caused significant backlash from the Pepe community. While Coinbase eventually apologized for the incident, some members of the community remain unhappy with how the situation was handled.