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Coinbase Investigating Their Employees Too Contractors For Possible Insider Trading...


A quick follow upward to my article yesterday posted here. CoinBase's CEO has announced they are launching an investigation into the activity that occured before long earlier Bitcoin Cash went alive on their platform.  In a spider web log post reading:

Given the cost growth inwards the hours leading upward the announcement, nosotros volition live on conducting an investigation into this matter. If nosotros notice testify of whatsoever employee or contractor violating our policies — directly or indirectly — I volition non hesitate to terminate the employee straight off too convey appropriate legal action.

But let's convey a mo to convey how unlikely it is this volition number inwards anything. 

The trades would get got occurred on other exchanges, amongst no agency for CoinBase to say who made those purchases.  Even if a CoinBase employee leaked information, they're probable smart plenty to say a friend too non get got done this trading from a personal account. 

Just delete whatsoever relevent text messages - too all testify is gone.   I wouldn't suggest getting your hopes upward that this volition atomic number 82 to whatsoever action.

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Author: Ross Davis
San Francisco News Desk



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