Is Coinbase shutting down? – Katoch Tubes

Coinbase in peril?

Coinbase in peril?

What is Coinbase?

Coinbase is an American company that operates cryptocurrency exchange platform. It is publicly traded on NASDAQ as COIN.

The problems

Coinbase is facing charges of insider trading scam, SEC investigation on illegal listing and COIN sell off by top investment firms. Details on the next page

Cathie Woods  dumping Coinbase

ARK Investment Management sold  1.4 million shares of Coinbase. The share value is down 83%  from its listing price.

Insider trading

One of the Coinbase manager is caught in insider trading scandal. Making $1.1 million in profits. Check the details-

The Coinbase SEC Probe

The SEC is investigating whether Coinbase is listing assets that should have been securities. A range of crypto assets are under radar.

Currencies deemed as Securities by SEC

AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM. Check the details -

Is Coinbase  Shutting down?

The rumours are false. Coinbase is in trouble but it isn't shutting down. It's  a setback but COIN will recover. Also check -

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