Monday, November 18, 2024
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Token Front-Running Was Common at Coinbase Crypto Exchange, a New Study Argues

And, indeed, there have already been allegations of insider trading at Coinbase. In July, the U.S. Department of Justice charged a former Coinbase product manager, his brother and their friend with wire fraud and insider trading. The trio were accused in that case, which revolved around tokens including TRIBE and ALCX, of making $1.5 million illicitly.

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