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55226596 No.55226596 [Reply] [Original]

Brian Armstrong, founder and CEO of Coinbase, sold all of his shares on June 5th after the SEC announcement. If he doesn’t believe in his company anymore, who does?

This is the biggest FUD I’ve ever seen and it is hitting me hard.

Pic rel is the insider transaction report on finviz. You can see in the right hand side under “shares total” he owns no more shares in Coinbase anymore.

Now what?

>> No.55226645

someone explain to a brainlet why he's able to sell all his shares and then sell all his shares again a week later multiple times

>> No.55226667

>>55226596
The whole point of a ipo is so that the founders can cash out on the work theyve done thus far... the mansion and ferrari aint gonna pay themselves

>> No.55226682
File: 496 KB, 680x383, brian-armstrong-house.png [View same] [iqdb] [saucenao] [google]
55226682

so he can buy some overpriced mansion in belair for $133m. If you use Coinbase you are a cuck

>> No.55226692

>>55226667
yeah, its like people don't realize a company only goes public when they've exhausted all the private money available to them

the public only gets the washed up whores

>> No.55226702

>>55226645
Shares total is static. It only counts what you currently have

>> No.55226715

>>55226596
these are class a shares, he still owns millions of class b shares

>> No.55226717

>>55226596
ok he sold his shares, but is he holding crypto

captcha DA0X0

>> No.55226719

>>55226596
i still remember when he would shill coinbase on reddit comments back in 2014

>> No.55226813

>>55226682
That's glammy. I'd turn that uninspiring lawn into orchard or pasture.

>> No.55226829

>>55226596
Regardless of how the lawsuit plays out Dex volume has gotten closer and will inevitably surpass Cex volume. Centralized exchanges are past thier peak

>> No.55226990

>>55226829
Are there any resources that directly compare CEX vs DEX volumes?