Coinbase' insider trading evidence unveiled

Albert Renshaw is claiming that he has discovered additional evidence pointing to insider trading of Bitcoin Cash at Coinbase 
26 December 2017   342

Businessman and bitcoin enthusiast Albert Renshaw discovered additional evidence of insider trading at Coinbase on the day of listing Bitcoin Cash (BCH). This is reported by Bitcoinist.

As noted by Renshaw, the day before the BCH listing on Coinbase, on the forum / r / Coinbase an unknown user under the name mukiva2 warned traders about the upcoming event, citing a source in the company Coinbase. This discussion was deleted, but it remained in the archive.

/r/Coinbase
/r/Coinbase 

Reddit profile mukiva2 was created on December 6, 2017, and the identity of this person remains unknown.

The price of Bitcoin Cash jumped by 370%, which forced Coinbase to temporarily suspend trading. The head of the company, Brian Armstrong, appealed to the community, assuring that all employees are subject to strict rules prohibiting trading on the basis of insider information.

If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action.
 

Brian Armstrong

CEO, Coinbase

It is also worth noting that traders can file a lawsuit against Coinbase due to trading stop on Friday, related to “technical issues” on the exchange.

Coinbase Confirmed Multiple Charge Issue

Some users were charged for up to x17; Coinbase reports these charges "are in the process of being refunded"
16 February 2018   43

After numerous complaints from users of Reddit, the popular platform for buying Crypto-currency Coinbase confirmed the presence of a bug in the system, because of which the payment for the same purchases was written off several times, in some cases up to 17 times.

We can confirm that the unexpected charges are originating from our payment processing network, and are related to charges from previous purchases. To the best of our knowledge, these unexpected charges are not permanent and are in the process of being refunded. We are running joint investigations with all parties involved, and will provide updates as we receive them.
We are actively investigating some reports from our customers about unexpected credit or debit card charges appearing on their statements from previous Coinbase purchases.
 

Coinbase Team

This is what affecte users say:

So coinbase hacked?

i noticed double charges posts but 17x what the fuck....2x is a CB mistake, 17x is a hack...

only thing that makes sense... calling bank.. and making a CB ticket...
 

thepokernit on Reddit

The company does not specify exactly what the bug was caused, but reports that it is solving the problem, and asks users to report all the unplanned charges in the discussion at Reddit.