Goldman On Coinbase: Investors Likely Concerned Over Potential for Elevated Compliance Costs
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Goldman on Coinbase (COIN) Following Insider Trading: 'we believe investors will likely be concerned over the potential for elevated regulatory /compliance cost'
July 27, 2022 11:34 AM EDTGoldman Comments on Coinbase (NASDAQ: COIN).
Analyst Will Nance comments "The outcomes of the insider trading cases could have broad implications for the regulatory treatment of crypto. However, given the amount of uncertainty and general lack of agreement even among various... More
Coinbase (COIN) Stock Sinks After Bloomberg Report of SEC Investigation
July 26, 2022 6:40 AM EDTCoinbase Global (NASDAQ: COIN) is facing increased scrutiny from the US Securities and Exchange Commission (SEC) after reports that the digital asset exchange might have improperly allowed investors to trade assets that should have been registered as securities, according to Bloomberg.
The move comes shortly after Coinbase added new tokens to the platform and SECs probe into an insider trading scheme that resulted in a lawsuit against a former... More
