A Delaware judge has allowed a shareholder lawsuit against Coinbase CEO Brian Armstrong and board member Marc Andreessen to proceed, alleging they sold shares using nonpublic information during the company’s 2021 direct listing. The case continues despite an internal review clearing the executives, due to concerns over committee independence.
Early recovery signs show Shiba Inu strength following a 30% weekly bounce, though the long-term trend remains unconfirmed until key resistance breaks.
The Trump administration’s coordinated move to de-financialize physical assets creates a capital vacuum that analysts expect to accelerate digital asset adoption.