Coinbase hit with insider trading suit, launches Binance-lite derivatives exchange
The suit alleged that Coinbase directors knew their need to raise additional capital as early as December 2020 but chose to “deprioritize” this action.
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Lawsuit accuses Coinbase executives of insider trading when the company went public
Following a complaint in California, Coinbase faces another suit over its alleged failure to disclose a disparity between internal valuation and perceived market value before going public.