Summary: Ark Investment Management bought over 400,000 Coinbase shares as COIN prices slumped thanks to an SEC lawsuit. Cathie Wood’s company filled their coffers as the second largest COIN holders with 11.4 million shares amid tensions surrounding the publicly traded crypto exchange. Coinbase is being sued by the U.S. Securities and Exchange Commission for selling unregistered securities and running an illegal securities exchange among other allegations. “We’ll get the job done” CEO Brian Armstrong said in response to the upcoming
