Coinbase CEO Brian Armstrong offloaded $1.8M worth of shares in April
CryptoSlate had previously reported that Armstrong sold 89,196 Coinbase shares for a total of $5.8 million in March.
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The company has submitted a pre-registration undertaking with regulators.
As of press time, FTT was trading at $2.67, up 102.85% from $1.33 before the hearing.
The firm will halt all Canadian account activity on June 2.
A Swiss court has appointed an unnamed administrator for FTX Europe AG, according to the press statement.
Binance.US announced delisting Spell and TRON seven hours ago due to a number of factors — including fraudulent conduct.
Nikhil Wahi will pay the above amount to the cryptocurrency exchange Coinbase.