Brian Armstrong Offloads $101M in Coinbase Stock Amid COIN’s Steep Decline

Coinbase CEO Brian Armstrong has made headlines with another major COIN stock sell-off as the shares continue to fall. Extending a long streak of Coinbase stock sales over the past year, the CEO sold more than $100 million recently. While Armstrong still retains a massive stake in Coinbase, the timing and scale of his sales come at a moment when the company’s stock has sharply declined from its peak.