Coinbase Threatens to Sue Crypto Traders Who Profited From Pricing Glitch

Avtandil Kutchava, host of the Georgian television show “Crypto Bazari,” told CoinDesk that about 470 people reached out to his team about the situation. Altogether, people could have made tens of millions of dollars on trades with the erroneous lari rate, Kutchava estimated, and that day ATMs in Tbilisi, Georgia’s capital, ran out of banknotes as traders rushed to cash out their jaw-dropping profits.