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shajandr

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shajandr

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Saturday, 11/26/2022 1:44:54 PM

Saturday, November 26, 2022 1:44:54 PM

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Jim Chanos Doubles Down On Coinbase Criticism: 'It Just Doesn't Work'

American investment manager and famed short seller Jim Chanos doubled down on his criticism of Coinbase Global, Inc (NASDAQ: COIN) during an interview with Srivatsan Prakash on Monday.

Chanos outlined why he believes Coinbase’s business model doesn’t work and why he believes the cryptocurrency exchange may eventually fall victim to other well-known brokerages.

"Coinbase has a business model problem. It just doesn’t work,” he said. 

https://www.msn.com/en-us/money/savingandinvesting/jim-chanos-doubles-down-on-coinbase-criticism-it-just-doesn-t-work/ar-AA14quZi?cvid=bb87d83f8b74498aea74289f4aaaaca6

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