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I don't really know if any Coinbase employees really committed insider trading - I'm just speculating based on the fact that the price of BCH appeared to rise s
by hendzen 9y ago
I don't really know if any Coinbase employees really committed insider trading - I'm just speculating based on the fact that the price of BCH appeared to rise significantly before the public announcement.
Its also unclear what internal firm policies that Coinbase has in place to prevent insider trading, see my reply to hisabness for more on that and an explanation (note: IANAL) of how regulation could be applied.
- koolba 9y agoIf a Coinbase employee wanted to trade on inside info they wouldn’t have to do it through Coinbase either. They could do it on another exchange.
- mrb 9y agoThe price went up before the announcement because the whole world has known BCH trading was extremely likely and imminent for 2 days: https://www.reddit.com/r/btc/comments/7kfzbi/attn_bitcoin_cash_added_to_coinbase_api_extremely/ https://www.reddit.com/r/btc/comments/7kfzbi/attn_bitcoin_ca...