Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public despite knowing they would lose value.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public despite knowing they would lose value.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin faces an $8,000 trading trap as US midterms approach
Two hot inflation reports in two days resulted in Bitcoin falling below $80,000 on Oct. 15. September CPI accelerated to 3.7% from...
Circle Targets 40 New Markets As USDC Push Moves Beyond Crypto Trading
TL;DR: Circle plans to expand USDC infrastructure into approximately 40 developing and emerging markets. The company is targeting...
Strategy, Metaplanet Face Exit From MSCI Indexes as the Index Provider Adopts New Test
MSCI will stop handling crypto treasury companies under a separate set of rules. The index provider announced on Oct. 15 that it i...
Ripple Prime Opens 24/7 Swaps on Stocks, Metals and Currencies, With Virtu Already Trading
Ripple Prime, Ripple’s institutional prime brokerage, now lets clients hold positions on stocks, indices, commodities and currenci...
Coinbase and Marqeta Bring 24/7 Stablecoin Card Spending to Millions of Merchants
Key Takeaways: Coinbase and Marqeta are taking a stab at stablecoin-based cards. Coinbase infrastructure makes it easy for busines...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...