In recent days, rumors have circulated that Coinbase, through its Layer-2 Base scalability solution, had sold Ethereum (ETH) accumulated by the network’s sequencer.
Quote
Sources
Base denies the accusations regarding the sale of ETH by the Coinbase sequencer
Referenced by
On February 10, 2025, rumors emerged that Base, a Layer 2 scaling solution incubated by Coinbase, was selling Ethereum (ETH) earned from sequencer fees
Crypto news
News event
Claim