Coinbase has been accused of Insider trading

[HasHe]

Coinbase has halted BCH transactions after being accused for insider trading.BCH got introduced officially in to exchange yesterday.Within four hours of introduction,increased trading led to spike in its valuation.So,coinbase suspended BCH tradings and coinbase has launched a probe to find whether inside trading was done by any of its employees.Many tweeters lashed at coinbase terming its activity to make crypto look like wallstreet.

Here is the link below.

https://www.theverge.com/2017/12/20/16800940/coinbase-bitcoin-cash-fork-insider-trading-probe

[1715136895]

1715136895

[1715136895]

1715136895

[1715136895]

1715136895

[HasHe]

Bcash price is even now just $2,934 even three days after getting listed in Coinbase.I think its now almost clear that is only insider trading in coinbase due to which bcash price reached very high price earlier.

Earlier,during last pump of bcash also,a korean exchange bithumb was accused of allowing wash trading which led to the high volume of bcash trading and its high price.

It seems that we could expect nothing fair from bcash and its promoters.

[Sinistlercoin]

Your title is falsely misleading. Coinbase halted trading and launched an investigation to determine if some of their employees were involved in insider trading.

[Stooked]

BCH from Aug till today moving fast  from 200-2000$.
after coinbase and blockchain support it  will have  massive growth.

[enterprevic1]

I had always noticed that although bitcoin claims to be based on the laws of demand and supply. There are things hidden from the public which isn't meant to be

[Red-Apple]

i don't know about insider trading but the growth that bitcoin cash had on coinbase as soon as the market was open, was not at all natural. and you could see it happening only on Coinbase and nowhere else and then other exchanges followed on a much smaller scale.

in fact logically speaking price should have dropped. because it doesn't matter how good or bad an altcoin is, when people get their hands on a large amount of it out of thin air, many of them will think about selling it and that creates a big dump.

[bitfocus]

Insider Trading is the worst case of loyalty to the clients. I am astonished that Ver stood up for this saying "I believe insider trading is a non-crime" https://www.bitcoinmarketinsider.com/coinbase-bcash-scandal/

[stompix]

"Insider" trading...

They just got greedy and manipulated the price as planned.
Now that the plan went overboard and they know an investigation will come they try to find themselves the "culprit".
Somebody will come up and say they might have leaked info, a "hacked email", they might find a glitch in the system and stories like this.

Common, the price was almost 3 times and nobody there knew what is going on?
Also loved this unknown "insider trading' story, just how many traders has coinbase??? It's not GS for god's sake!!!!!

[BitCare]

Its is normal practice and the worst thing — nobody can prove it. Yep, we can guess that company members used their knowledge to earn some money, but it's difficult to prove!

[Stedsm]

"Insider" trading...

They just got greedy and manipulated the price as planned.
Now that the plan went overboard and they know an investigation will come they try to find themselves the "culprit".
Somebody will come up and say they might have leaked info, a "hacked email", they might find a glitch in the system and stories like this.

Common, the price was almost 3 times and nobody there knew what is going on?
Also loved this unknown "insider trading' story, just how many traders has coinbase??? It's not GS for god's sake!!!!!

Exactly, that's what they did. And I believe it's not just limited to BCH but Bitcoins too, as the manipulation goes on when they know they can sell their coins to other International exchanges at premium values because having a lot of coins under possession and being on top - provides them the supremacy to dominate others in any way they want to.

Well, glitch in the system? I don't really believe they may ever say that because they are one of the top exchanges in terms of Bitcoin's purchase and sales, and saying that will be like cutting off their nose to spite the face and CB guys aren't that stupid.

[BitCare]

"Insider" trading...

They just got greedy and manipulated the price as planned.
Now that the plan went overboard and they know an investigation will come they try to find themselves the "culprit".
Somebody will come up and say they might have leaked info, a "hacked email", they might find a glitch in the system and stories like this.

Common, the price was almost 3 times and nobody there knew what is going on?
Also loved this unknown "insider trading' story, just how many traders has coinbase??? It's not GS for god's sake!!!!!

Exactly, that's what they did. And I believe it's not just limited to BCH but Bitcoins too, as the manipulation goes on when they know they can sell their coins to other International exchanges at premium values because having a lot of coins under possession and being on top - provides them the supremacy to dominate others in any way they want to.

Well, glitch in the system? I don't really believe they may ever say that because they are one of the top exchanges in terms of Bitcoin's purchase and sales, and saying that will be like cutting off their nose to spite the face and CB guys aren't that stupid.

Nobody is so stupid to believe in their fairy tale... But we can do nothing. It's only rumors without any evidence, so guilty persons or Coinbase management won't do anything.

[1bitcoinsnet]

The only big news is bch is now on coinbase the top exchange in USA and CB is a legitimate Unicorn.