The value of COIN shares held by Coinbase CEOs has increased by nearly $2 billion since November 5
Internet reports that Brian Armstrong, CEO of cryptocurrency exchange Coinbase, sold company shares for several weeks after Donald Trump was elected president and pro-cryptocurrency lawmakers won, cashing in a total of approximately US$437 million. He sold shares that rose by $129 million from pre-election valuations amid optimism after the election results. According to the latest SEC filings, Brian Armstrong still owns more than 10% of Coinbase, and the value of approximately 24 million shares in his trust fund is approximately $6.4 billion, an increase of nearly $2 billion from November 5.
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