Coinbase held an insider implementation of the cryptocurrency

The American exchange Coinbase was caught by members of the community in the fake sale of virtual assets.

On 04/11/2021, the company presented the announcement of securities that were issued on the Ethereum and Solana blockchains. The frontman invested $400,000 in the relevant cryptocurrency before the official publication of this information. The announcement triggered a 42% rise in the exchange rate. As a result, the trading user has gained income in the amount of $168,000.

Jordan Fish (Cobie, blogger) noticed suspicious activity and questioned the trader's luck. He published his observations on his Twitter page. The post has sparked a lot of conversation regarding scams on the Coinbase platform. Visitors to the public spoke about corrupt practices and insider sales of cryptocurrencies on this exchange.

OpenSea NFT trading manager Hate Chastain was also suspected of such types of fraud. He was buying a digital currency before entering the auction, on the basis of which the sale of the coin was at an inflated price. As a result of the proceedings, the company's employees were prohibited from making investments before the official release of information.