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Crypto Executives Sell Big: Coinbase and MicroStrategy Lead Insider Stock Sales in 2024
A recent report by the Securities and Exchange Commission (SEC) has revealed that cryptocurrency executives have been engaging in massive insider stock sales, with Coinbase and MicroStrategy leading the pack. The shocking revelations have left many industry stakeholders worried about potential market implications.
According to the data, Coinbase CEO Brian Armstrong sold a staggering $636 million worth of stocks, placing him eighth among the top sellers. Not far behind was MicroStrategy’s Michael Saylor, who sold a significant $410.8 million in shares, ranking 13th on the list.
Source: coinpedia.org
