News for hackers. Stuff that matters.
Re:CFTC Orders Coinbase Inc. To Pay $6.5M Penalty by wmf on Friday March 19, 2021 @11:19PM (#26520558)
The timeline for people who aren't familiar with this story:

Oct 2011: Charlie Lee created Litecoin

Jul 2013: Charlie Lee went to work for Coinbase

Aug 2016: GDAX (now known as Coinbase Pro) added support for Litecoin

Aug-Sep 2016: An unnamed Coinbase employee manipulated Litecoin trading volume on GDAX

May 2017: Coinbase retail added support for Litecoin, which doubled in price immediately

Jun 2017: Charlie Lee left Coinbase (presumably having accomplished his goal of getting Litecoin listed)

Dec 2017: Charlie Lee sold all his Litecoin near the all-time high

There are no comments on this comment yet.