RATE Group | Has Coinbase Done Enough to Cover The Bitcoin Cash Scandal?
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Has Coinbase Done Enough to Cover The Bitcoin Cash Scandal?

30 Jul Has Coinbase Done Enough to Cover The Bitcoin Cash Scandal?

Posted at 03:31h in Ethereum News by

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Cryptocurrency Exchanges–On Tuesday, popular U.S. based exchange Coinbase released a statement to Fortune exonerating the company from allegations of insider trading and foul play in relation to last year’s Bitcoin Cash listing.

For those unaware of the story, Coinbase has been embroiled in a multi-lawsuit accusation of insider trading, or foul play instigated by Coinbase employees, in the days leading up to the addition of Bitcoin Cash on the exchange.

That timeline for the controversy surrounding BCH extends back into the Summer of last year. Following a stir over the looming hard fork of Bitcoin (BTC) into the new currency Bitcoin Cash (BCH) that was to take place in August, Coinbase released a statement in July 2017 that the company did not intend to support BCH, which would require investors to redeem their forked coins off the exchange. In August, the company changed its position to a partial support of Bitcoin Cash, thereby allowing users holding their BTC on the exchange…

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