Is Coinbase a 'first insider trading case' involving cryptocurrency?

REUTERS/Dado Ruvic/Illustration/ Acquire Licensing Rights NEW YORK, Feb 7 (Reuters) - A former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Tuesday in what U.S. prosecutors have called the first insider trading case involving cryptocurrency, his defense lawyer said in a court hearing.

Did ex-Coinbase product manager commit wire fraud?

An ex-Coinbase product manager was charged Thursday, along with two other individuals, with wire fraud in connection with an alleged insider trading scheme involving cryptocurrencies. The case is the first of its kind.

Will Coinbase sue the SEC?

“With all thy getting, get understanding." The SEC has served notice on Coinbase Global, Inc., a cryptocurrency exchange platform, of its intent to sue the company. Usually, a target keeps quiet when confronting a powerful regulatory agency, but Coinbase has loudly proclaimed that it will fight the SEC both legally and in the public square.

Is Coinbase a 'abuse of power'?

Coinbase is one of the world's largest cryptocurrency exchanges. The company has said it shared its findings from an internal probe into the trading with prosecutors. On Monday, Ishan Wahi asked a judge to dismiss a parallel lawsuit from the Securities and Exchange Commission (SEC), saying that charges represent an "abuse of power" by the agency.