Ark Invest CEO Cathie Wood upped her stake in Coinbase after a US regulator accused the exchange of operating unlawfully. Three Ark Investment Management LLC funds, including Wood’s Ark Innovation ETF, bought 419,324 shares of Coinbase on Tuesday, according to Bloomberg News, citing its data. The price of Coinbase shares slumped to as low as $51.61, according to Nasdaq, but has since risen to just over $53 on Wednesday afternoon. ... Read More: ARK Invest CEO Cathie Wood Ups Her Stake in Coinbase Following SEC Lawsuit
