Former Coinbase employee asks for shorter prison sentence
Ishan Wahi has depleted his savings in funding his defense, and he reportedly owes relatives hundreds of thousands of dollars.
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Ishan Wahi has depleted his savings in funding his defense, and he reportedly owes relatives hundreds of thousands of dollars.
Coinbase former product manager Ishan Wahi, who's guilty of insider trading, has asked for a jail term of no more than 10 months.
Many crypto industry insiders claim that the SEC's approach of regulation by enforcement is unfair and that they need clear legal frameworks.
As the first insider trading case involving crypto, Coinbase got the attention of many, including the Securities and Exchange Commission.
Nikhil Wahi, the brother of former Coinbase product manager Ishan Wahi, will pay the leading exchange almost $470,000 for his part in an insider trading scheme.