Moody’s downgrades Coinbase due to bear market: Warns it may not be the last

Posted on June 24, 2022
In CFR rating, COIN, Coinbase, credit downgrade, Credit rating, Crypto Exchange, Crypto Market, Crypto Prices, junk rating, Moody’s, ratings agency, ratings review, senior unsecured notes rating

Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market.

Cointelegraph.com News

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