CFTC ALLEGES COINBASE ENGAGED IN SELF TRADING; THE EXCHANGE SETTLES ALLEGATIONS FOR $ 6.5M

Highlights:

• Coinbase allegedly indulged in self-trading to inflate its sales numbers on its app between 2015 -2018

• The exchange intends to go public

The US Commodity Futures Trading Committee has alleged that Coinbase had indulged in self-trading during the time period between 2015 and 2018. This was for a small amount.

Apparently, during this time period, the c....