Allegations of insider trading and token holders at the heart of Coinbase’s latest conference

Coinbase is betting big on fixing the old head of the old crypto: initial coin offerings (iCOS) that reported the booms of 2017 and left a trail of rug pulls in their wake. However, recent exchange acquisitions have highlighted some of the underlying issues that still plague this aspect of the crypto market.

Coinbase has admitted that it has hijacked Vector, which is a Solana-based trading platform created by the group behind the TESON NFT market. The agreement is designed to enhance the integration of Coinbase and Solana, and the Exchange described by Vector as a platform that “gives traders access to the most efficient, high-quality environment for trading in Crypto.”

At the core of the two arguments associated with this latest Coinbase acquisition announcement is the TNSR token, which is associated with the group behind Vector.

On the other hand, observers are seeing the obvious trading between announcements and announcements, with suspicious buying in TNSR before the news hits. The price of TNSR fluctuated from about $0.04 to $0.30 in the days before the deal was announced. And this was at a time when the crypto market was doing very well in general, with bitcoin falling below $90,000.

Additionally, Coinbase retained vector technology and the team behind it but left the holders of TNSR tokens. Whether it works or not, TNSR owners think they will benefit from this type of acquisition, according to Merari Research Analyst Sam Ruskin.

@Defisolar Thank you, we are aware of this and investigating + will take any necessary action based on our findings

– Aklil (@ _aklil0) November 21, 2025

Coinbase doesn’t pretend it didn’t notice the price action. The exchange is driven by trading and price movements that occur before the announcement, an investigation that brings down the ghosts from the sin of insider trading, where the employee was charged with listing the address to his brother in the list to his brother.

“We are aware of this and the investigation + will take any necessary action based on our findings,” the organization’s head of development Aklil Ibssa wrote to X.

Coinbase’s agreement to acquire vector brings with it questions that are there for the participants of the crypto market when they buy these types of tokens. There are many cases where crypto projects have both tokens and a formal company with shares associated with it, as well as legal ambiguity when placing crypto tokens instead of cold.

“TNSR token holders have just had their best assets confiscated and are getting ~$0 ​​in return,” said Dragonfly Partner Omar Kanji. “If this continues, people will simply stop buying tokens.”

The lack of true communication between crypto tokens and the projects and development teams associated with them has been a point of contention since Crypto’s Top, and the lack of non-technical knowledge of crypto is not the same in many organized memos.

hard for coinbase to market their new ICO platform when they set the example of tokenholds supporters being acquired through CB’s own acquisition

As an active buyer of ICO presents RN, it gives me some questions DNDICD ICO toys from which the walking platforms themselves

– Jon Charbonneau 🇺🇸 (@jon_charb) November 21, 2025

Notably, this controversy emerged at the same time Coinbase was holding the initial offering of tokens associated with its new rewardpad, which they cited in an interview related to Coinbase’s reputation as a suitable platform for launching tokens.

“It’s difficult for Coinbase to sell their new ICO platform when they set the example of supporters of the discounts found in the purchase of CB itself,” Jon Charbonneau, founder of Crypto Investment Firm DBA, sent to X.

At the same time, Coinbase also looks to be able to launch its own crypto token through its basic network, which acts as a two-waller protocol for the network, or the platform works well today without a toast.

Would it be hard to ask why most of you are buying project tokens in the first place?

The funny thing is that crypto fought a war of security laws and now it will learn that most of them are there to protect investors from being taken out …

– Austin Campbell (@Campbelljaustin) November 21, 2025

It is true, how much blame can be placed on the creators of the token if people are willing to buy these goods that do not have much clarity in terms of what is being bought or whether there is a case of actual use?

“The funny thing is that crypto has fought a war of security laws and now it will learn most of them to protect investors from being ripped off,” said New Professor Austin Campbell.