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FTFA: Coinbase maintains a strict trading policy and internal guidelines for employees. Coinbase employees have been prohibited from trading in Bitcoin Cash fo
by panarky 9y ago
FTFA:
Coinbase maintains a strict trading policy and internal guidelines for employees. Coinbase employees have been prohibited from trading in Bitcoin Cash for several weeks.
Now, how would Coinbase know if an employee traded BCH on another exchange?
- xiphias 9y agoAlso it doesn't speak about board members
- enraged_camel 9y agoThey wouldn't know of course, but that's not the point. The point is to cover their own ass if they get in legal trouble, by saying "well, we told them it was prohibited, and made them sign stuff". It's the same reason companies make all their employees go through sexual harassment training. Not because they actually believe such training reduces sexual harassment, but rather because they want to eliminate liability.
- notyourday 9y agoRubbish. Someone who works at Morgan/Goldman/JPM/etc cannot trade on an account at a different brokerage on the announcement. If they do, they will get nailed and most likely go to jail
- symlinkk 9y agoThis isn't the stock market, this is unregulated.
- notyourday 9y agoSo Coinbase should stop pretending that "three are rules"
- vasilipupkin 9y agoBCH isn't a stock, it's a currency. I don't think there are any insider trading rules for currencies.
- notyourday 9y agoCoinbase has state licenses. It is regulated.
- vasilipupkin 9y agoyes, but there aren't any regulations regarding insider trading of currencies.