Cathie Wood's Ark sells 1.42 mln Coinbase shares

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<br>July 27 (Reuters) – Cathie Wood’s Ark Invest sold 1.42 million shares of cryptocurrency exchange Coinbase Global Inc , 비트겟 according to Tuesday’s trading data from the investment company, 코인거래소 following report of a probe by the U.S.
securities regulator.The U.S. Securities and 코인거래소 Exchange Commission was investigating whether Coinbase improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News reported on Monday.<br>> Coinbase shares closed down more than 20% at $52.93 on Tuesday.

(Reporting by Shivani Tanna in Benga<br>)

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