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700. Cathie Wood Dumps Coinbase | COIN vs. SEC Analysis

700. Cathie Wood Dumps Coinbase | COIN vs. SEC Analysis

FromTech Path Crypto Investing


700. Cathie Wood Dumps Coinbase | COIN vs. SEC Analysis

FromTech Path Crypto Investing

ratings:
Length:
26 minutes
Released:
Jul 28, 2022
Format:
Podcast episode

Description

The Securities and Exchange Commission probe into Coinbase Global COIN, 5.99% seems to have rattled long-time backer Cathie Wood, as the tech investor sold 1.4 million shares of the cryptocurrency exchange operator on Tuesday, including 1.1 million in the flagship Ark Innovation ETF ARKK, 3.31%. That was the first sale of stock in Coinbase this year, and the estimated cost average for Coinbase in ARKK was $254.65. Both the SEC and Justice Department charged a Coinbase employee with insider trading, while the SEC also said that some of the tokens listed on Coinbase were unregistered securities. Coinbase has denied that claim.~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
Released:
Jul 28, 2022
Format:
Podcast episode

Titles in the series (100)

Hosted by award-winning journalist, futurist, and computer science expert Paul Barron. Tech Path features insights and analysis on Crypto and Blockchain innovation that is ushering in web 3.0. This podcast dives into crypto news, reviews, research, and interviews with the leading experts and change agents defining the future of crypto and blockchain.