The recent allegations of insider trading against Coinbase CEO Brian Armstrong have raised concerns among investors and industry experts. Armstrong sold nearly 30,000 shares of his company worth over $1.7 million just two days before the Securities and Exchange Commission (SEC) initiated enforcement action against Coinbase. Coinbase Investors Question CEO’s Stock Sale Prior SEC Complaint Coinbase CEO Brian Armstrong has come under scrutiny after selling a massive 29,730 shares of his company’s Class A Common Stock on June 5, 2023, according to a Form 4 filed with the Securities and Exchange Commission. Armstrong made the sale in eight separate transactions,
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Author: coinmaker