Some people set stop-loss at something like $300, but had their orders executed at 13 cents because that was the next live bid.

I'm thoroughly anti-bailout but I'm having a hard time arguing that person should be liquidated at 13 cents. Also, fuck Coinbase and their horrible support, so yeah...bailout. I'm for it in extreme cases. It's Coinbase bailing them out to avoid losing customers, not the taxpayer.