45 min listen
700. Cathie Wood Dumps Coinbase | COIN vs. SEC Analysis
700. Cathie Wood Dumps Coinbase | COIN vs. SEC Analysis
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)
663. Bitcoin Taking Over BCH & BSV + Three Arrows Capital Liquidated | Bitcoin Sentiment Update: Bitcoin Cash, also known as “Bcash” by those critical of the coin’s ethos and future, gained notoriety in 2017 when it became the first major hard fork of the Bitcoin network to take on BTC itself. Bitcoin Cash (BCH) prices sank on Wednesday after... by Tech Path Crypto Investing