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RE: In crypto you better verify your source or feel the burn.
It might sound harsh, but anyone who lost money on this alleged news deserves to lose money. Twitter, Reddit and Facebook should not be used as investment advice, even if it comes from a legitimate account.
People need to learn to fact check. In this situation, people could have saved themselves from loss by going and looking for an official Coinbase announcement, instead of a Tweet.
Another warning sign is Coinbase said a couple of months ago that all ERC20 tokens would be listed on GDAX first, and then chosen selectively to be added onto Coinbase.
Now I understand how fake news worked in the US presidential election in 2016. People are so gullible, they believe everything at face value.
No sympathy here either. If people would do proper research we would have less of this.
I agree but still feel sorry for those ppl. Crypto space is so packed with scams, pnd groups, mass manipulation. I wish all this were eradicated one day. Scumbags.