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Our employee trading policy at Coinbase
- sheeshkebab 9y agoinsider trading in magic internet money - lol
- siruncledrew 9y agoThis sounds like the beginning of a South Park episode
- Talyen42 9y agoWith equities, it's harder to trade on NPI (non-public information) because every brokerage needs to KYC (know your customer) your identity, so there's a record. With cryptocurrency, it's possible to insider trade using completely pseudonymous/anonymous wallets and exchanges (outside of coinbase). Coinbase will obviously fire anyone who did insider trading using a Coinbase wallet, but who would be that dumb?
- nicolashahn 9y agoI don't really think this statement is worth anything. They knew what they were doing by adding BCH to the platform with absolutely no warning and I find it insulting that they'd think we'd believe that all these Coinbase employees and investors (and their friends and families) wouldn't have been buying tons of BCH immediately before. Usually don't advocate for more government regulation but it really seems like the SEC could be more useful here.
- conanbatt 9y agoThe reality is that the information is valuable of itself, and that regulating the non-disclosure of information is impossible. What you can request is transparency, that this should have been said long before and in a much more transparent manner.