Santisa, the pseudonymous chief investment officer of Lucidity, first noted on X that Base has been sending its entire sequencer fees to the Coinbase exchange
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Base defends moving sequencer fees to Coinbase custody for 'security and audit' reasons
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The rumors about Base selling ETH sequencer fees were first raised by Santisa, the pseudonymous CIO of Lucidity Cap, on X (formerly Twitter) in February 2025
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