A complaint was filed against Coinbase by Adam Grabski.
Shareholder Adam Grabski has filed a complaint against Coinbase CEO Brian Armstrong and others, alleging they profited from insider information during the company's public listing. Grabski claims they sold $2.9bn in shares before releasing negative information, resulting in over $1bn in profit. The lawsuit seeks compensation for damages, return of improper gains, and reimbursement of expenses. Coinbase has called the allegation "meritless."
