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If you got a tip about a coin that was about to be listed on an exchange, would you take advantage of that tip?

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by COINS NEWS 147 Views

I’d like to wager that most of us here would. In a sea of people that claim to be “degenerates,” I can’t imagine us all growing a moral compass out of thin air, when it comes to crypto.

Let’s take a look at what the true definition of insider trading is:

“Insider trading is the trading of a company's stocks or other securities by individuals with access to confidential or non-public information about the company. Taking advantage of this privileged access is considered a breach of the individual's fiduciary duty.”

If someone came to you with a tip that could make you hundreds of thousands of dollars, not from scamming or stealing, but just from a little bit of knowledge, would you do it?

Regarding this Coinbase accusation, is there a possibility it’s just some guy that knows a guy that works there and got tipped off? Could it be someone that works there that’s done with the 9-5 just like all of us here? Something to think about.

Edit: I’m not talking about a tip from a rando on Reddit, I’m talking a close friend you trust on the inside.

submitted by /u/ipetgoat1984
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