”We believe in SOL’ – CLO refutes ‘Coinbase hates Solana’ allegations – BitRss

• Coinbase denied claims of hostility toward Solana, highlighting its financial support and commitment.
• Solana’s network issues escalated amid the memecoin craze, but market resilience remained strong.

In a surprising twist, Paul Grewal, Chief Legal Officer of Coinbase Global Inc., has addressed allegations that the crypto exchange harbors animosity toward Solana [SOL ($255.38)].

How did this start?

This started from a tweet by an X (formerly Twitter) user, who pointed, 

“@coinbase why do you hate @solana??” 

Responding directly to the claims, Grewal firmly replied, 

“Huh? I’ve spent millions of dollars of @coinbase $ to defend SOL against an @SECGov lawsuit falsely accusing it of being a security.”

He further added, 

“My team and I wake up every day thinking about how we defeat this outrageous attack. And we aren’t stopping, because w…