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What Constitutes “Inside Information” in the Context of a Crypto Asset Listing?

Inside information is precise information, not made public, relating directly or indirectly to one or more crypto assets, which, if made public, would be likely to have a significant effect on the price. A common example is the knowledge of an imminent, unannounced listing of a token on a major centralized exchange (CEX), as such an event typically causes a large price spike (the "Coinbase Effect").

Trading on this non-public knowledge is insider dealing.

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