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Coinbase insiders sold over $40 million in COIN during December selloff, SEC data shows

Coinbase, the first crypto exchange to issue stock publicly in the U.S., has had a rocky couple of months. Government data reveals that company insiders and early investors have been part of a significant selloff.  Per beneficial ownership data gathered by the Securities and Exchange Commission and easier to browse on Dataroma, major players sold $40,631,394 worth of COIN over the course of December. The SEC requires these disclosures of company officers and directors, as well as any shareholders who …