Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty

A former employee of major cryptocurrency exchange Coinbase has pleaded guilty to insider trading, marking the first crypto-related insider trading case in the US.

Ishan Wahi, a former Coinbase product manager, has pled guilty to two counts of conspiracy to commit wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets by using confidential information about cryptocurrencies scheduled to be listed on the platform, the DOJ said in a press release Tuesday. continue reading here.

Leave a Reply

Your email address will not be published. Required fields are marked *