What prevents Coinbase employees from trading a coin prior to an announcement?

Intuit
Lisdexic

Go to company page Intuit

Lisdexic
Sep 30, 2021 15 Comments

Nothing right? Buy a bunch of some coin before the announcement it’s added to the platform. Sell after the spike. Untraceable. If the coin exists on a leveraged platform without KYC even better.

#coinbase #crypto

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TOP 15 Comments
  • Cadence
    zRNC05

    Go to company page Cadence

    zRNC05
    Prison
    Sep 30, 2021 7
    • Intuit
      Lisdexic

      Go to company page Intuit

      Lisdexic
      OP
      In your situation sure but if you skip that last step this is what I’m suggesting. They use some platform that does not require identification such as Bybit. The activity is not tied to anything.

      I don’t actually care if they do this I’m just curious.
      Sep 30, 2021
    • New
      r!xvk05

      New

      r!xvk05
      This is a good point tbh
      Sep 30, 2021
  • Coinbase / Eng
    cohchpcu

    Go to company page Coinbase Eng

    cohchpcu
    we get tracked my brother
    Sep 30, 2021 0
  • We have trade restriction list which updates frequently. We get to do huge insider trading mandatory training.
    Oct 2, 2021 0
  • Amazon / Eng
    npbK02

    Go to company page Amazon Eng

    npbK02
    Lol @ all the people saying "prison". Wrong. Crypto isnt regulated! That's the main appeal...

    To answer OP's question: Nothing. Crypto is still currently the wild, wild west. It wont remain that way for long w/ more and more finance and tech giants moving into the space. Regulation will come soon, it has too. Enjoy it while you can!
    Sep 30, 2021 0
  • New
    TVSE42

    New

    TVSE42
    Nothing prevents them. They all have uniswap accounts and do insider trading all the time. That includes the CEO as well.
    Sep 30, 2021 0