Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.
Mashinsky pled guilty to securities and commodities fraud charges last December.
The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.
The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.
The “mog/acc” is quickly gaining ground among everyone from Elon Musk to Garry Tan, a move that bumps the project’s visibility - and eventually prices.
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