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DOMAINS TOKEN-G

Ronald Maguire

28 May 2022 265 Read Crypto , Others

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Coinbase Executives Earn 1.2 Billion Dollars From COIN Share Sale

Top Coinbase executives sold a large amount of shares after the public listing of Coinbase shares. Executives selling shares include Emilie Choi, Brian Armstrong, Fred Ehrsam and Surojit Chatterjee. The executives earned a total of $1.2 billion from the sale of the COIN shares.

COIN Stocks Drop

COIN shares of Coinbase, the most used cryptocurrency exchange in the USA, peaked in 2021. But since the beginning of 2022, shares have fallen more than 80%.

The executives sold the shares at prices ranging from $189 to $422. Coinbase was opened for trading at the price of $381 on the first business day on April 14, 2021.

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