well what do you know, the $clanker listing was front ran — that listing team or slack group or whatever has easily tripled their salary over the last 6 months lol

I remember working at CB and how seriously they took listing info and dates being confidential and that acting upon that information was a fireable offense, not to mention possible prosecution. What in the world happened? How has nearly every major base token listing on CB been frontrun so badly?

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

𝘺𝘢𝘱𝘱𝘪𝘯𝘨 𝘰𝘯 𝘧𝘢𝘳𝘤𝘢𝘴𝘵𝘦𝘳.

my opinion of them is going downhill but i still hold confidence through some token balances there and a preferred place to move large amounts of usd in and out of my bank. otherwise they mostly made a bad wallet, the intentions are bad (encouraging tokenizing some random girl off a dating app as a meme), and obviously the whole market thinks they're scuzzy AF when it comes to any token being listed at this point.

it kinda sucks but at the same time i just don't care what happens to them or anything like that.. they played a role at one point but that role they played is no longer real or important imo.. i'm probably discounting their legal efforts too much but lets be real all this behavior would have destroyed that 2-3 years ago imo

I remain under the belief that this is not endemic, but they definitely need to do a complete investigation. Let's be clear about the state of affairs: Base is a centralized L2 and they operate the core infrastructure. They make no affordances to ensure privacy, and their culture of deep metrics collection ensures they have all the analytics in the world they would need to get to the root of this. The front runs aren't happening with forced inclusions at the L1, they have the data.

Exposure to the harsh realities of the present crypto space, employees need to get all the market has taken from them.

It's crazy to see, it's been this way since at least aerodrome. consistently!

didn’t some guy at OS get time for this?

Hopefully his case is reviewed in light of things now

Is there any clear evidence or documentation showing that the frontrunning in recent cb listings was actually due to internal information leaks, or could it be explained by other factors like onchain data analysis ?

whatever the process was before, it’s clearly broken now

Don’t know about a slack group but a lot of us assumed Coinbase would have clanker start trading the same time as Zora as a sad attempt to drown out competition for something they are heavily invested in

The space keeps losing it's credibility by the day