Insider Trading Lawsuit filed against U.S. Based Coinbase
A Coinbase user has filed a class action lawsuit against the major US exchange, claiming that its employees and other insiders benefited from trading on non-public information that the exchange planned to introduce Bitcoin Cash (BCH) support last December. The plaintiff accuses Coinbase of “artificially inflated prices” to over 130% by means of disclosing buy and sell orders moments after the launch of BCH.