U.S. charges ex-Coinbase manager in first crypto insider trading case

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Go back to U.S. charges ex-Coinbase manager in first crypto insider trading case

Coinbase (COIN) Estimates Lowered by BofA, but PT Raised on 'Overblown' Concerns

July 22, 2022 9:55 AM EDT

In a broader note on cryptocurrency markets, BofA analyst Jason Kupferberg said Friday that they are lowering their estimates on Coinbase (NASDAQ: COIN) but raising their price target to $92 from $80 per share and maintaining a Buy rating on the stock.

Kupferberg said they lowered their second-quarter MTU forecast for Coinbase to 8.1M from 8.8M, representing a 7.5% YoY decline,... More

The SEC Charges Former Coinbase (COIN) Manager With Insider Trading

July 21, 2022 12:09 PM EDT

The US Securities and Exchange Commission (SEC) announced Thursday that it has charged a former Coinbase (NASDAQ: COIN) manager and two associates with insider trading.

The charges were brought against former Coinbase product manager Ishan Wahi, his brother, and his friend. The trio allegedly traded ahead of multiple announcements... More