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Coinbase manager pleads guilty to insider trading on tokens - Vimarsana News

Coinbase manager pleads guilty to insider trading on tokens

A former Coinbase Global manager admitted participating in a scheme to trade on confidential information about when the exchange was going to list new tokens.

Ex-Coinbase Employee Pleads Guilty to Insider Trading - Vimarsana News

Ex-Coinbase Employee Pleads Guilty to Insider Trading

The case was part of a crackdown on an old-school financial crime in the crypto world.

Coinbase Ex-Manager Pleads Guilty to Crypto Insider Trading Charges - Vimarsana News

Coinbase Ex-Manager Pleads Guilty to Crypto Insider Trading Charges

Ishan Wahi had formerly pleaded "not guilty," but changed his tune on Tuesday. The former Coinbase employee faces multiple years in prison.

'Groundbreaking Cryptocurrency Insider Trading Case' Sends Ex-Coinbase Manager's Brother To Jail - Vimarsana News

'Groundbreaking Cryptocurrency Insider Trading Case' Sends Ex-Coinbase Manager's Brother To Jail

"I wanted to help my parents, but instead I put them through great suffering," Wahi said during the sentencing, adding, "I'm very sorry for what I did."

Seattle man receives 10-month sentence in Fed's first-ever crypto insider trading case - Vimarsana News

Seattle man receives 10-month sentence in Fed's first-ever crypto insider trading case

The brother of a former Coinbase product manager was sentenced to 10 months in prison on Tuesday in what federal prosecutors have called the first insider trading case involving cryptocurrency.

Source: q13fox.com