Coinbase CEO could sell 8.2 million shares

Nov 2, 2026 5:17 PM

Coinbase leadership is preparing a massive exit while the ship takes on water. With shares down 56% and revenue sliding, CEO Brian Armstrong has cleared the way to sell $1.17 billion in stock, joined by the co-founder and COO. They claim these are just "prearranged plans," but the optics of insiders offloading billions while the public bleeds are undeniable. Is this a standard financial move, or are the people at the top losing hope? What’s your take?
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