Three finance researchers at the University of Technology in Sydney, Australia, claim that insider trading is “systemic” in the cryptocurrency industry and estimate that such activity has taken place on up to 25% of Coinbase listings in the last four years. In a not-yet-peer-reviewed paper titled “Insider Trading in Cryptocurrency Markets,” Professor Ester Felez Vinas, Professor Talis Putnins, and PhD candidate Luke Johnson estimate that insider trading occurred on 10-25% of cryptocurrency listings on the San Francisco-based exchange between September 2018 and May 2022. The researchers claim this resulted in at least ... (full story)