Coinbase CEO Brian Armstrong Sells $1.6 Million Worth COIN Shares

Arrow

As per the coinbase filing with SEC, CEO Brian Armstrong sold more than 30,000 Class A Coinbase shares for $1.6 million on Nov. 11.

He also converted Class B shares into Class A shares.

Previously, on 15 October, Armstrong confirmed that he planned to sell his 2% Coinbase shareholding to invest in more tech projects.