Well, the whole press release / internal email smells of a company desperately trying to spin what they expect to be a very, very bad article. But this line jumped out at me twice:

> To be specific: Although the story will likely allege that a number of Black employees and contractors referenced in the story filed complaints with the company, only three of these people filed complaints during their time at Coinbase.

This is the kind of thing that really leads me to distrust everything Coinbase is saying. Reading between the lines, I imagine that the complaints workers claim to have filed were ignored by management at some level of the process, or not filed on the right paperwork or something.

And so Coinbase can probably claim on a technicality “they didn’t file a complaint.”

But being “technically correct” is only what you reach for when you don’t have any other leg to stand on. It’s a really telling move that they repeated this line multiple times.

I’m speculating, obviously. The article isn’t out. But this isn’t my first rodeo, and this kind of corporate speak isn’t new. This kind of desperate spin only serves to underscore the fundamental truths of whatever the NYT is going to publish.

Otherwise... why bother dignifying it with such a response?