In a recent development, Coinbase (COIN) CEO Brian Armstrong has reduced his shareholding in the crypto exchange. Armstrong has reported the offloading of nearly $5 million worth of COIN shares on Thursday, July 12. Moreover, the dump could have catalyzed the recent downturn in the COIN stock. Brian Armstrong Dumps Coinbase Shares According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Brian Armstrong sold 23,075 sha…
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