Coinbase Now Fighting (Legal) War on Two Fronts

[kreslik.news]

Coinbase is facing two class-action law suits, both filed on the 2nd of March.

The first involves insider trading, according to Cointelegraph. The suit was filed by Jeffrey Berk, a Coinbase customer from Arizona. He accuses Coinbase of artificially inflating prices by disclosing buy and sell orders moments after Coinbase introduced Bitcoin Cash trading.

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The exchange launched support for the coin on the 19th of December 2017, a move which was obviously known about amongst employees before it was made. The suit alleges that Coinbase employees made use of this ... (read more)