The brother of a former Coinbase product manager has pleaded guilty in a crypto insider trading case. He is facing up to 20 years in prison. cryptocurrency
Former Coinbase Manager's Brother Pleads Guilty in Cryptocurrency Insider Trading Case
The Justice Department explained that on multiple occasions between July 2021 and May 2022, Nikhil Wahi profited from using “confidential Coinbase information about which crypto assets were scheduled to be listed on Coinbase.” Following Coinbase’s public listing announcements, on multiple occasions Nikhil Wahi sold the crypto assets for a profit.
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