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Coinbase CEO and Two Insiders File to Sell Up to $2 Billion in Stock

(3 hours ago) · 1 source · Summarized by CryptoBipto

Coinbase CEO Brian Armstrong and two other company insiders have filed plans to sell up to $2 billion worth of Coinbase stock. The filings were made public, indicating planned share sales by senior figures at the publicly traded crypto exchange.

WHY IT MATTERS

When top executives at a company plan to sell their own shares, they are required by law to file paperwork with regulators ahead of time.

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SOURCES

  • cryptopotato.com

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