With 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 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?