Ancher Public Trading

Ancher Public Trading TO: Board of Directors: Learning Team A Consultant Date: August 22, 2005 Theme: Sarbanes - Oxley acted as an advisor to Ancher Public Trading (APT), Research Team A wants to discuss Sarbanes - Ox SOX) Law This memo briefly describes the history of SOX creation, the relationship of FASB, SEC, and PCAOB, the pros and cons of SOX, the assessment of the impact of SOX, and the ethical considerations of SOX.

On the coin base, there is a trading policy for a certain period of time. This policy prohibits employees and contractors from trading "important nonpublic information", such as when new assets are added to our platform. In addition to trading restrictions, transfer of important nonpublic information to the outside of the company is also prohibited. This includes gifts for friends and family. The bit coin cash we started today is no exception. All Coinbase employees and contractors explicitly banned Bitcoin cash transactions and revealed our release plan a month ago. It is communicated to employees multiple times through multiple channels. For example, make sure this is emphasized with a Q & A session on Friday and e-mail sent to all employees. From the highest level to decide the keynote lecture all of us must take to ensure success, I think this is an important part of my work. Trading restrictions applicable to all individual trading activities on any platform are still valid

Insider trading In many countries, there is an insider trading law that restricts those who know important nonpublic information from transactions of securities or other activities. Significant nonpublic information is important information that may be found when a reasonably-known investor who does not know is executing a transaction to buy or sell a company's securities. Directors, officers and senior employees (Intel Corporation level 10 or higher or equivalent to a subsidiary of Intel) shall invest (purchase or otherwise purchase or sell) Intel Securities derivatives such as put, call option, forward, etc. You can not. Contracts, or any short position or short position entry (if the Intel Securities price can be reduced and profitable), with the exception of the limited exceptions described in the Intel Derivatives Guide, related to Intel Securities doing.