Cryptocurrency news by Protos

Coinbase execs slapped with insider trading lawsuit as banks get spooked


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Crypto exchange Coinbase’s top executives, including chief exec Brian Armstrong and board member Marc Andreessen, participated in insider trading to avoid $1 billion in losses in the days after going public two years ago, Coinbase investors claimed in a lawsuit made public on Monday.


Listen to the article to discover the different accusations the lawsuit makes, including the board selling $3 billion in stock prior to negative news.


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