Friday, 22 June 2018

Stellar Buys Chain For ‘$500M’ — But Insider Trading Suspicions Remain

News that Stellar is in talks to purchase blockchain finance startup Chain has lent new weight to accusations that investment fund manager Ari Paul conducted insider trading with private information. Report: XLM Security Decision &#8216;Bad News&#8217; For Paul As Fortune reported on June 20, the deal between the two companies is thought to be worth around $500 million — which will be transferred in Stellar’s lumen (XLM) tokens. “One source familiar with the deal said it is<br />Read More<br />The post Stellar Buys Chain For &#8216;$500M&#8217; — But Insider Trading Suspicions Remain appeared first on Bitcoinist.com.

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