Insider Trading Suspicions and Shafted Token Holders at the Heart of Latest Coinbase Controversy

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Coinbase is betting big on fixing one of crypto’s oldest headaches: the initial coin offerings (ICOs) that fueled the 2017 boom and left a trail of rug pulls in their wake. However, the exchange’s latest acquisition has illustrated some of the underlying issues that still plague this aspect of the crypto market.

Coinbase has agreed to snatch up Vector, which is a Solana-based trading platform cooked up by the team behind the Tensor NFT marketplace. The deal is intended to improve…



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Insider Trading Suspicions and Shafted Token Holders at the Heart of Latest Coinbase Controversy



Coinbase is betting big on fixing one of crypto’s oldest headaches: the initial coin offerings (ICOs) that fueled the 2017 boom and left a trail of rug pulls in their wake. However, the exchange’s latest acquisition has illustrated some of the underlying issues that still plague this aspect of the crypto market.

Coinbase has agreed to snatch up Vector, which is a Solana-based trading platform cooked up by the team behind the Tensor NFT marketplace. The deal is intended to improve…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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