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Coinbase Rejects Assumptions of Trading For Its Own Benefit

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Thu, 20/09/2018 - 11:22
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Coinbase Rejects Assumptions of Trading For Its Own Benefit
Cover image via U.Today
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Mike Lemres from the Coinbase top management team published a statement on Wednesday, objecting to the alleged data that 20 percent of Coinbase deals are done by the staff with their own money.

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The accusations came from the New York AG that recently issued a report on integrity and reliability of electronic exchanges. The report can be viewed here.

Lemres claims that all deals on the platform are made exceptionally on directions of users, not intending to manipulate the market.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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