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Coinbase halts Bitcoin Cash transactions amidst accusations of insider trading
- matthewaveryusa 9y agoyou're telling me that a group of guys in their 20s early on in their careers working on a product that has anti-establishment flair and is the defacto-currency of all things illegal tried to make some money not so legally? I'm so shocked!
- dahdum 9y agoWatching this all go down, I don't see why it would be insider trading. They opened their retail side (Coinbase) at the same time as their exchange (GDAX) and gave minutes notice before going live. There was about 0% chance there would be enough liquidity on the exchange to support a dual launch, so the price skyrocketed. There wasn't time to deposit enough BCH to give liquidity either. I don't care about traders making bad moves on GDAX, but to screw their retail clients so much is not cool.