Share this article

Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors

Some online chatter has suggested Coinbase is issuing bitcoin IOUs to BlackRock, which ultimately was manipulating the price of crypto lower.

Rumors alleging Coinbase of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong. (CoinDesk)
Rumors alleging Coinbase of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong. (CoinDesk)