Coinbase junk bonds tank amid market rout and creditors’ fears - Cointelegraph

Coinbase’s junk bond offerings are down 20% and 19% since the start of May to sit at $63 and $62.31 each.

The price of Coinbases junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds,… [+3327 chars]

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