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Coinbase Board Fails to Prevent Disclosure of Insider Trading Case Testimony
Deep Tide TechFlow News, February 12 — According to Bloomberg, Delaware Chancery Court Judge Kathaleen St. J. McCormick ruled on February 12, 2026, that Coinbase Global Inc.'s board must disclose testimony records related to insider trading lawsuits against CEO Brian Armstrong, venture capitalist Marc Andreessen, and other board members. The judge rejected the defense argument that “witnesses knowing their testimony might be publicly disclosed could reduce their candor,” and ordered the company’s special litigation committee to disclose testimony records of angel investor Gokul Rajaram and head of internal investigation legal team Joseph R. Slights III.