Tag Archives: coinbase

Top Coinbase executives sold their shares for $1.2 billion

Top Coinbase executives sold their shares for $1.2 billion

What Happened. Top executives at Cryptocurrency exchange Coinbase sold $1.2 billion worth of the company’s stock between its initial public offering (IPO) and February 2022. Among them were the exchange’s CEO Brian Armstrong, co-founder Fred Ersam, and top executives Emily Choi and Surojit Chatterjee, the Wall Street Journal (WSJ) reported. Armstrong still holds a controlling 59.5 percent stake.

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Craig Wright accused Coinbase and Kraken of trading fake Bitcoin

Craig Wright accused Coinbase and Kraken of trading fake Bitcoin

Ontier, a law firm representing Craig Wright, the self-proclaimed “creator of Bitcoin,” filed lawsuits April 29 against trading platforms Coinbase and Kraken. The plaintiffs allege that these and other exchanges encourage traders to trade Bitcoin by passing it off as another digital asset. According to Ontier’s attorneys, the Cryptocurrency known as BTC is really just “Bitcoin core”, and the only Cryptocurrency that has fully implemented the original Bitcoin protocol should be considered a “refined” cryptoasset called BSV (Bitcoin Satoshi Vision).

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