One of the US’s leading crypto-currency exchanges is carrying out an insider trading investigation. Coinbase fears its own workers may have exploited its move into Bitcoin Cash – a spin-off of the original Bitcoin. The San Francisco-based firm announced the move after Bitcoin Cash’s price jumped. Coinbase began letting its users buy, sell, send and receive Bitcoin Cash on Tuesday in a surprise decision but has temporarily suspended trade.
Source: BBC Technology News
Date: December 20th, 2017
Link: http://www.bbc.com/news/technology-42425857
Discussion
1) How does insider trading in a crypto-currency work?
2) The article says that there will be an investigation into insider trading. Isn’t part of the whole point of a crypto-currency to have anonymity? How will they investigation?
Leave a Reply