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Ethereum Trader Bought $400K in Tokens on Coinbase Shortlist—Before It Was Public

From decrypt.co

Just hours after Coinbase published a blog post that revealed the latest tokens being considered for listing on its exchange, crypto Twitter mainstay Cobie flagged an Ethereum wallet that purchased more than $400,000 worth of the tokens on that list. The problem is that the user who controls the wallet, the trading activity of which is publicly viewable on the Ethereum blockchain, wrapped up their token shopping spree three minutes before the list was public knowledge. The trader appears to have focused solely on tokens under consideration for listing on Coinbase, suggesting advanced knowledge of the list before it ... (full story)

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