Former Hanover Finance co-owner charged with insider trading in US Eric Watson has been charged with insider trading. (Photo / NZH) Former Hanover Finance co-owner charged with insider trading in US Sat, 10 Jul 2021, 2:30PM Eric Watson has been charged with insider trading in the US after shares were traded in a drinks company before it switched to blockchain technology, sending its share price soaring. Watson, a former convict and New Zealand rich-lister, drove - despite being an undisclosed control person of the company - the change of Long Island Ice Tea Corp's rebranding to Long Blockchain Corp, according to a United States' Securities and Exchange Commission statement reported by Bloomberg News.