Coinbase Listings and Insider Trading: A New Study Raises Concerns

Are Coinbase listings plagued by insider trading? A groundbreaking study by three researchers from Sydney, Australia, Ester Félez-Viñas, Luke Johnson, and Tālis J. Putniņš, alleges a concerning pattern of pre-listing price manipulation, suggesting insider trading may be more prevalent than previously thought.

Insider Trading Claims: 10% to 25% of Coinbase Listings Affected?

The US charge against a former Coinbase employee highlighted the potential for insider trading within the cryptocurrency exchange. However, according to a new study by Ester Félez-Viñas, Luke Johnson and Talis J. Putnins, this may be just the tip of the iceberg. Using statistical analysis, the researchers estimated that between 10% and 25% of Coinbase listings may be affected by insider trading activity. Researchers examined 146 crypto listings on Coinbase by tracking their prices 100 to 300 hours before the listing announcements. The study claims they found evidence suggesting informed trading.

University of Technology Sydney Study: Examining Coinbase Listings

According to three finance researchers at the University of Technology in Sydney, insider trading has taken place on a significant percentage of Coinbase listings between September. The specific percentage claimed by the study falls between 10% and 25%, indicating a substantial problem for the exchange and the broader cryptocurrency market.

The study by Ester Félez-Viñas, Luke Johnson, and Tālis J. Putniņš raises serious questions about the integrity of Coinbase listings and the need for enhanced regulatory oversight to prevent insider trading and protect investors. The claim that 10% to 25% of Coinbase listings involves insider trading demands further investigation and action.