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Brian Armstrong, ETF Experts Shoot Down ‘Paper Bitcoin’ Rumors

Summary by Morning News
Rumors concerning Coinbase and BlackRock were scuttled by industry experts this week. Crypto analyst Tyler Durden had accused the exchange of allowing BlackRock to borrow bitcoin without providing collateral, which would allow for market manipulation. Rumors alleging Coinbase (COIN) was issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday. Over the weekend, well-followed X…
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