Brian Armstrong — the CEO of major U.S.-based cryptocurrency exchange Coinbase Global Inc. (NASDAQ: COIN) — responded to insider trading accusations by changing internal rules concerning listings.
What Happened: In a Thursday post published on the official Coinbase blog, Armstrong admitted “there is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity.” While he did not confirm or deny any disciplinary actions or criminal charges against company employees for using insider information to profit off of asset listings, he wrote:
“We have zero tolerance for this and …
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