Coinbase Global Inc (COIN)

[Vexxed]

Goes to show how bad cathy woods really is as an investor. She bailed at $60

[Liam859]

$108!!!

[Liam859]

$103 holy!!!

[Mother Lode]

"DJ BlackRock Announces Bitcoin Partnership With Coinbase Amid Crypto Industry Turmoil -- WSJ"

"BlackRock, the world's largest money manager, announced a partnership with Coinbase Global on Thursday--some good news for an industry where layoffs and turmoil (https://www.wsj.com/articles/crypto-layoffs-hit-risk-and-compliance-staff-at-big-exchanges-11658223000) have become commonplace."

[tw0122]

For specific examples of customer complaints that have been filed by the thousands against crypto exchange, Coinbase, with the Consumer Financial Protection Bureau (CFPB), see our report: Crypto Victims’ Cries for Help Are Piling Up at a Federal Complaint Center.

https://wallstreetonparade.com/2022/06/crypto-victims-cries-for-help-are-piling-up-at-a-federal-complaint-center/

[shajandr]

Cathie Wood scoops up $50 million of Shopify on dip, sells chunk of Coinbase after SEC probe news

https://www.cnbc.com/2022/07/27/cathie-wood-scoops-up-50-million-of-shopify-on-dip-sells-chunk-of-coinbase-after-sec-probe-news.html

[Talc Moan]

$368 to $58 bruuuuuutal!

[shajandr]

And, in addition to the SEC investigation of COIN itself, this hits the newswire too:

Press Release
SEC Charges Former Coinbase Manager, Two Others in Crypto Asset Insider Trading Action

FOR IMMEDIATE RELEASE
2022-127

Washington D.C., July 26, 2022 —

The Securities and Exchange Commission today announced insider trading charges against a former Coinbase product manager, his brother, and his friend for perpetrating a scheme to trade ahead of multiple announcements regarding certain crypto assets that would be made available for trading on the Coinbase platform.

The SEC’s complaint alleges that, while employed at Coinbase, Ishan Wahi helped to coordinate the platform’s public listing announcements that included what crypto assets or tokens would be made available for trading. According to the SEC’s complaint, Coinbase treated such information as confidential and warned its employees not to trade on the basis of, or tip others with, that information. However, from at least June 2021 to April 2022, in breach of his duties, Ishan repeatedly tipped the timing and content of upcoming listing announcements to his brother, Nikhil Wahi, and his friend, Sameer Ramani. Ahead of those announcements, which usually resulted in an increase in the assets’ prices, Nikhil Wahi and Ramani allegedly purchased at least 25 crypto assets, at least nine of which were securities, and then typically sold them shortly after the announcements for a profit. The long-running insider trading scheme generated illicit profits totaling more than $1.1 million.

"We are not concerned with labels, but rather the economic realities of an offering," said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. "In this case, those realities affirm that a number of the crypto assets at issue were securities, and, as alleged, the defendants engaged in typical insider trading ahead of their listing on Coinbase. Rest assured, we’ll continue to ensure a level playing field for investors, regardless of the label placed on the securities involved."

“In nearly a year, the defendants collectively earned over $1.1 million in illegal profits by engaging in an alleged insider trading scheme that repeatedly used material, nonpublic information to trade ahead of Coinbase listing announcements,” said Carolyn M. Welshhans, Acting Chief of the Enforcement Division’s Crypto Assets and Cyber Unit. “As today’s case demonstrates, whether in equities, options, crypto assets, or other securities, we will vindicate our mission by identifying and combatting insider trading in securities wherever we see it.”

The SEC’s complaint, filed in federal district court in Seattle, Washington, charges Ishan Wahi, Nikhil Wahi, and Ramani with violating the antifraud provisions of the securities laws and seeks permanent injunctive relief, disgorgement with prejudgment interest, and civil penalties. In a parallel action, the U.S. Attorney’s Office for the Southern District of New York today announced criminal charges against all three individuals.

The SEC’s investigation, which is ongoing, was conducted by Michael Brennan, Jennie B. Krasner, and Gregory Padgett, with assistance from Patrick McCluskey and Donald Battle. The case was supervised by Paul Kim, Joseph Sansone, Chief of the Market Abuse Unit, and Ms. Welshhans. The litigation will be led by Daniel Maher and Peter Lallas and supervised by Olivia Choe. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Southern District of New York and the FBI.

https://www.sec.gov/news/press-release/2022-127

COIN is a nest of crooks and financial creepers.

[shajandr]

https://www.cnbc.com/2022/07/26/coinbase-shares-tumble-after-report-that-its-facing-sec-probe.html

Time to shut this charade down for good.

[BottomBounce]

$COIN Crypto exchange Coinbase faces SEC probe over securities, Bloomberg reports
https://twitter.com/AIBiotechnology

[Juancy]

Not surprised to hear that. The possibilities are endless.

[GOLDBUFFALO]

Most people dont release their medical records will be on blockchain very soon. Some already are. I would not be surprised to see some type of token used as a small fee to unlock records.

[The_Free_Nebula]

moving on up nice and steady

[Juancy]

So many misconceptions about cryptos. This market is still in its infancy. Wait until we start seeing a future where all we own is on a blockchain (i.e. our mortgages, auto titles, etc.). We are barely scratching the surface of the smart contract possibilities.

Looking forward to seeing Coinbase continue to provide an easy platform for those willing to embrace the future. GLTA shareholders!

[Mother Lode]

"DNB Asset Management sold iPhone maker Apple (ticker: AAPL) stock, and bought shares of General Electric ( GE) and Nvidia (NVDA), and initiated an investment in Coinbase Global ( COIN) in the second quarter. The unit of Norway's largest financial-services firm DNB disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission."

7/18/22

[BottomBounce]

$COIN Billionaire Seth Klarman sees value in #Gold nobody should own #cryptocurrencies interview with Harvard Business School
https://kitco.com/news/2022-06-22/Billionaire-Seth-Klarman-sees-value-in-gold-nobody-should-own-cryptocurrencies-interview-with-Harvard-Business-School.html

[shajandr]

Eventually COIN will cutt ALL the jobs except for a bankruptcy receiver.

[BottomBounce]

$COIN Coinbase cut roughly 1,100 jobs amid fears of a 'crypto winter'
https://www.engadget.com/coinbase-job-cuts-layoffs-150838290.html

[shajandr]

No, we really wont. This turd is trash. Coinbase will nott even be in business by 2024. Prolly nott even by next summer.

COIN is Lehman Brothers 2.

Frankly, anyone holding this bag of excrement going into September/October of 2022 is reckless.

The amount of leverage in cryptocurrencies and their fundamental lack of intrinsic value makes the 2008 financial crisis look very tame in comparison.

[J3 OFFICIAL]

You will see

[shajandr]

https://www.cnbc.com/2022/07/04/crypto-lender-vauld-halts-withdrawals-as-market-crash-takes-its-toll-.html

[J3 OFFICIAL]

My Fellow Investors read this with an open mind So I personally belive this stock will rebound think of crypto as not just a coin currency Crpyto Tokens are Software there are many to choose from Coinbase is not just a banking hub for crypto it is a Software provider and in the next 10 years will b so much more established in the future of money and Software There are some smart people running the company I am a penny stock Man myself but i do believe in this stock Buy it cheap and be Patient Thanks to All who took time to read this Blessed

[BottomBounce]

‘Heading To Zero’—China Issues Shock Bitcoin Price Warning Amid Huge $2 Trillion Crypto Crash
https://www.forbes.com/sites/billybambrough/2022/06/25/heading-to-zero-china-issues-shock-bitcoin-price-warning-amid-huge-crypto-crash/?sh=4f0c666563b8 $COIN

[Nivea67515]

Dodge coin still trading at .07 cents somehow - shows still fluff in the system. Pull up the the chart on dodge coin- it was at .0026 in October 2020.

[shajandr]

How great is it to con people into buying and paying for nothing?

Crypto is as solid as readings from psychics and palm readers.

[Nivea67515]

Crypto has proved itself to be a scheme for the wealthy to dump their shares/ holdings on poor retail traders

[shajandr]

https://www.cnbc.com/2022/06/29/coinflex-ceo-unlikely-to-resume-withdrawals-thursday.html

https://www.cnbc.com/2022/06/29/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation.html

https://www.cnbc.com/2022/06/27/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html

https://www.msn.com/en-us/money/news/bitcoin-hovers-at-2420000-fundstrat-warns-of-washout-and-three-arrows-to-liquidate-cnbc-crypto-world/vi-AAZ0Wql?fromMaestro=true

[shajandr]

Nope, Coinbase will go the way of Lehman Brothers and Pets.com.

100 percent loss for common stock shareholder-victims.

[J3 OFFICIAL]

Coinbase will be more then fine in due time nothing is going to stop crypto

[BottomBounce]

Russia Could Use Cryptocurrency to Blunt the Force of U.S. Sanctions
https://nytimes.com/2022/02/23/business/russia-sanctions-cryptocurrency.html

[shajandr]

Seriously, it won't. COIN is the Lehman Brothers of the crypto-2008 financial meltdown.

https://www.cnbc.com/2022/06/29/crypto-exchange-coinflex-claims-roger-ver-is-behind-47-million-debt.html

[sirius22]

No it won’t.

[shajandr]

No, it really won't.

https://www.forbes.com/sites/stevenehrlich/2022/06/28/bankman-fried-some-crypto-exchanges-already-secretly-insolvent/?sh=7454145a47f7

https://www.cnbc.com/2022/06/29/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation.html

[J3 OFFICIAL]

This stock will rebound very nicely when Big Money comes back to play

[shajandr]

Hold this turd down to the triple zips - where it is headed.

Coinbase will be G-O-N-E by tear-end/year-end of 2023 (18 munffs or so).

[J3 OFFICIAL]

Buy and hold

[BottomBounce]

$COIN Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop
https://www.coindesk.com/business/2022/06/27/goldman-cuts-coinbase-to-sell-due-to-fall-in-crypto-prices-and-industry-activity-shares-drop/

[shajandr]

Shares of Coinbase Global Inc. dropped 9.2% to $56.96 Monday after Goldman Sachs Group Inc. cut its rating to sell from neutral for the cryptocurrency company, which has seen its shares plummet 77% this year.

[FooBarAndGrill]

Thanks Billy! Your post made me cancel my $250 GTC bid. Glad I did.

[J3 OFFICIAL]

Patience is a Virtue this stock will rise back up strong

[BottomBounce]

$COIN Bitcoin could plunge even further to a low of $13,000, one strategist warns

https://www.cnbc.com/2022/06/22/bitcoin-btc-price-may-tank-as-low-as-13000-strategist-warns.html

[hunterj20]

Bitcoin crashing over the weekend. $18500 rn

[Nivea67515]

All these fake ass crypto currency’s / NFT’s people let get into their heads pushed by a bunch of fools on instascam & social media.

[Nivea67515]

How is dodgecoin not at zero?! If you own dodge or hyped it up on the past you are part of the problem right now in the system IMO

[KICK1]

So they’re buying…

[shajandr]

https://www.cnbc.com/2022/06/14/coinbase-will-struggle-to-turn-a-profit-in-crypto-downturn-jpmorgan-says-in-downgrade.html

COIN (2022) = LEH (2008)

[Juancy]

COIN 18% staff reduction:

https://blog.coinbase.com/a-message-from-coinbase-ceo-and-cofounder-brian-armstrong-578d76eedb12

[shajandr]

https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html

[KICK1]

Cramer is a scam LoL

[KICK1]

Not today haha