Monday, March 5, 2018

Coinbase Is Getting Sued for Insider Trading

On Thursday, a class action lawsuit was filed in a California district court alleging that employees of the popular cryptocurrency exchange Coinbase engaged in insider trading of Bitcoin Cash. The class action lawsuit was filed by cryptocurrency trader Jeffery Berk on behalf of himself and other traders who claim to have suffered monetary damages as a result of the alleged insider trading at Coinbase.The amount in damages the plaintiffs are seeking is not included in the documents and will be decided in court.

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