Cryptocurrency News

Cathie Wood sells Coinbase shares amid insider trading allegations

07/27/2022

Less than a minute

2022.07.27 22:18

Cathie Wood sells Coinbase shares amid insider trading allegations

One of the largest stockholders of the Coinbase (NASDAQ:COIN) cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading.

Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to daily trade information from Ark on July 26.

07/27/2022

Less than a minute

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