Coinbase Faces Insider Trading Accusations

Coinbase Faces Insider Trading Accusations

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

FREE Resource

The video explains the difference between Bitcoin and Bitcoin Cash, highlighting the hard fork that led to Bitcoin Cash's creation. It discusses Coinbase's announcement to trade Bitcoin Cash, which led to a price surge. The video also addresses suspicious trading activity before the announcement, raising concerns about potential insider trading and regulatory challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event led to the creation of Bitcoin Cash?

A hard fork in the Bitcoin blockchain

A government regulation

A new mining technology

A change in Bitcoin's algorithm

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was Coinbase's announcement about Bitcoin Cash significant?

It was the first time Coinbase listed a new cryptocurrency.

It marked the end of Bitcoin trading on Coinbase.

It was a response to regulatory pressure.

It led to a price surge in Bitcoin Cash.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What suspicious activity was observed before Coinbase's announcement?

A sudden drop in Bitcoin trading volume

Trades occurring before the official announcement

A hack on Coinbase's platform

A decrease in Bitcoin Cash price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Coinbase investigating regarding its employees?

If they leaked customer data

If they traded Bitcoin Cash before the announcement

If they were involved in a security breach

If they manipulated Bitcoin prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the investigation into Coinbase employees challenging?

The investigation is too costly

Cryptocurrencies are not classified as securities

There is no evidence of wrongdoing

The employees have diplomatic immunity