Cryptocurrency Start-Up Underpaid Women and Black Employees, Data Shows
An analysis of internal pay data at the San Francisco company Coinbase shows disparities that were much larger than those in the tech industry.
The San Francisco offices of Coinbase in 2017. Women and Black people who work at the company have leveled complaints about unfair treatment.Credit.Jason Henry for The New York Times
Dec. 29, 2020
The fast-growing cryptocurrency start-up Coinbase has been rattled in recent months by tensions between executives and employees who said they were being treated unfairly because of their race or gender.
While management at the company has argued that the complaints were limited to a handful of employees, Coinbase’s own compensation data suggests that inequitable treatment of women and Black workers went far beyond a few disgruntled workers.