‘Coinbase Listings’ Return: 200% OmiseGo Pump and Dump Raises Eyebrows

Cointelegraph

Published May 23, 2020 05:00AM ET

Updated May 23, 2020 06:40AM ET

Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward.

Currently a topic of interest on social media, Coinbase’s listing of OmiseGo (OMG), the 34th ranked cryptocurrency by market capitalization, also sparked familiar accusations of insider trading.

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