Crypto Exchange Coinbase Gets Sued for Insider Trading in Bitcoin Cash

Two class-action lawsuits have been filed against the exchange so far this month, and this one is going for the jugular. Coinbase is being accused of negligence tied to last year’s rocky rollout of Bitcoin Cash (BCH) and “tipping off” its employees before announcing publicly its plans to support the new cryptocurrency. The amount in question for all of the members of the lawsuit is more than $5 million before interest and costs. Arizona resident Jeffrey Berk filed the lawsuit in the US District Court for the Northern District of California…

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