Coinbase, one of the world’s most popular cryptocurrency apps, surprised its users by adding Bitcoin Cash to its offerings on Tuesday. But it appears that not everyone trading in the altcoin was blindsided by the move. Before the announcement, prices for Bitcoin Cash began climbing in other markets, and now a self-investigation of possible insider trading has been initiated.
The wild west of unregulated currencies! It’s nice to see these guys jumping through hoops to show that they have responsible policies in the hopes that they won’t get heavily regulated by local governments in an international setting, giving them a huge disadvantage to other companies in the same – but unregulated – space.