Coinbase (NASDAQ: ) CEO and co-founder Brian Armstrong bought shares within the firm a day earlier than the U.S. Securities and Change Fee (SEC) filed a criticism towards the change over securities regulation violations. The deal precipitated a little bit of a stir within the crypto house on Twitter, as Armstrong averted a giant loss.
SEC filings Present that Armstrong bought 29,730 shares of the corporate on June 5, the day earlier than the SEC submitting. Coinbase the share value went down on the declare date, and the preliminary drop is 20%.
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