 | Earlier today Coinbase made a “transparency post” naming about 50 assets that they are planning to list on their exchange. Most of them are illiquid shitcoins that no one can figure out why they are even listing in the first place. A bunch of people on Twitter went digging on-chain and found out that there is an insider that has been buying massive positions in these tokens, which have all obviously skyrocketed after the announcement. https://twitter.com/alanstacked/status/1514026523430424579?s=21&t=e9d5EKQ8hH0MLQTe4Ongwg https://twitter.com/cobie/status/1513874972552355846?s=21&t=e9d5EKQ8hH0MLQTe4Ongwg https://twitter.com/zachxbt/status/1513915728671526913?s=21&t=e9d5EKQ8hH0MLQTe4Ongwg https://twitter.com/scruffur/status/1491119583104991232?s=21&t=e9d5EKQ8hH0MLQTe4Ongwg This is blatant corruption and insider trading. Yet the SEC won’t do shit about this and instead prevents a Bitcoin ETF from existing or bans US residents airdrops. This is why we can’t have nice things. [link] [comments] |
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