According to Bloomberg, the Delaware Court of Chancery has ruled that Coinbase must disclose testimony records related to an insider trading shareholder lawsuit. The court requires Coinbase's Special Litigation Committee to make public the testimonies of angel investor Gokul Rajaram and the legal head of the internal investigation. The case involves Coinbase CEO Brian Armstrong, venture capitalist Marc Andreessen, and other directors. Presiding Judge Kathaleen St. J. McCormick rejected the company's argument that disclosing the testimonies would affect witness cooperation.
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According to Bloomberg, the Delaware Court of Chancery has ruled that Coinbase must disclose testimony records related to an insider trading shareholder lawsuit. The court requires Coinbase's Special Litigation Committee to make public the testimonies of angel investor Gokul Rajaram and the legal head of the internal investigation. The case involves Coinbase CEO Brian Armstrong, venture capitalist Marc Andreessen, and other directors. Presiding Judge Kathaleen St. J. McCormick rejected the company's argument that disclosing the testimonies would affect witness cooperation.