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Insider Trading for New Coin Listings Rampant: Study

Research from the University of Technology Sydney indicates insider trading takes place ahead of as many as 25% of new cryptocurrency listings. So reports Cointelegraph

In order to determine these findings, researchers considered 146 listing announcements on Coinbase between September 25, 2018 and May 1, 2022. The study, which is awaiting peer-review, examined price movement 300 hours ahead of listing announcements all the way up to 100 hours after the announcements and compared them across exchanges.

Read the full article from Cointelegraph.

 

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