Coinbase suspends Bitcoin Cash trading as insider trading is probed
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Thank you for signing up. Sorry, it looks like an error occurred. A major online currency exchange says it is investigating claims of insider trading in bitcoin cash. Major cryptocurrency exchange Coinbase will investigate accusations of insider trading, following a sharp increase in the price of bitcoin cash hours before it announced support for the virtual currency.
Bitcoin has risen some 1, per cent this year and nearly 80 per cent this month alone. Additionally, Coinbase employees have been restricted from trading in bitcoin cash for several weeks, Coinbase said on Twitter. Earlier on Tuesday, traders on Twitter coinbase suspends bitcoin cash investigates insider trading that news of Coinbase's launch of bitcoin cash support had been leaked before the official announcement.
Bitcoin cash was created on August 1 when Hong Kong-based exchange Bitfinex said a minority of bitcoin miners would create a new version of bitcoin to make trading faster and easier. Download our free app on the App Store coinbase suspends bitcoin cash investigates insider trading Google Play for the latest headlines and breaking news alerts.
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Please select the editions you would like to sign up to Morning Afternoon Please select at least one edition. Sorry, it looks like an error occurred Please refresh the page and try again. Updated Updated 21 December Trading in bitcoin cash was suspended on Wednesday, a Coinbase status page showed.
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