coindesk.com
Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction.
The trading giant on Wednesday nixed a webpage that for a short while promoted "how to buy elizabeth whoren in United States." Links to the seemingly auto-generated webpage instead reverted to a more generic hub for buying crypto in general.
Coinbase did not immediately comment.
While Coinbase lets U.S. traders buy hundreds of different cryptocurrencies, WHOREN is not one of them. It's one of the thousands of so-called "meme coins" that debut on the Solana (SOL) blockchain network nearly every day. These kinds of tokens are only available on "decentralized exchanges" that lack the rules and regulations of Coinbase.
While it's unclear how the webpage came to be, observers were speculating on Wednesday that it was part of an auto-generated SEO strategy, rather than a deliberate creation of Coinbase itself.
The token and its dalliance with Coinbase seem unlikely to change Warren's negative stance toward the industry. She's previously called for amassing an "anti-crypto army" to reign in crypto's excesses and has proposed legislation that she has argued would police bad actors.
Senator Warren's office did not return a request for comment.