Feds Get Guilty Plea in Coinbase Insider Trading Case
fintechlatest.substack.com
Feds Get Guilty Plea in Coinbase Insider Trading Case Back in July, FIN covered the dramatic insider trading charges filed against a former Coinbase employee and two accomplices. The scheme was pretty straightforward: Ishan Wahi, a Coinbase product manager, had access to which crypto coins would begin trading on the Coinbase platform. He passed these on to his brother and a friend, who would then buy the coins and sell them—sometimes within minutes—as soon as they began trading on Coinbase. Over several months, the scammers made more than a million dollars in illegal trades, according to the Justice Department.
Feds Get Guilty Plea in Coinbase Insider Trading Case
Feds Get Guilty Plea in Coinbase Insider…
Feds Get Guilty Plea in Coinbase Insider Trading Case
Feds Get Guilty Plea in Coinbase Insider Trading Case Back in July, FIN covered the dramatic insider trading charges filed against a former Coinbase employee and two accomplices. The scheme was pretty straightforward: Ishan Wahi, a Coinbase product manager, had access to which crypto coins would begin trading on the Coinbase platform. He passed these on to his brother and a friend, who would then buy the coins and sell them—sometimes within minutes—as soon as they began trading on Coinbase. Over several months, the scammers made more than a million dollars in illegal trades, according to the Justice Department.