Author: Elizabeth Lopatto
Illustration by Grayson Blackmon / The Verge
It appears that a crypto Twitter user named Cobie influenced the FBI into bringing an insider trading case. The US Attorney’s Office for the Southern District of New York is bringing an indictment against a former Coinbase employee, who allegedly tipped his brother and his buddy about which assets were about to list on Coinbase — leading to $1.5 million in “realized and unrealized gains,” according to the indictment.
This is the first insider trading case involving cryptocurrency markets, says U.S. Attorney Damian Williams, in a statement.
In response, he booked a one-way ticket to New Delhi
Ishan Wahi, the Coinbase employee who was charged, was involved in listing new crypto assets on Coinbase’s exchange. When Coinbase announces that a...
Continue reading…
Continue reading...
Illustration by Grayson Blackmon / The Verge
It appears that a crypto Twitter user named Cobie influenced the FBI into bringing an insider trading case. The US Attorney’s Office for the Southern District of New York is bringing an indictment against a former Coinbase employee, who allegedly tipped his brother and his buddy about which assets were about to list on Coinbase — leading to $1.5 million in “realized and unrealized gains,” according to the indictment.
This is the first insider trading case involving cryptocurrency markets, says U.S. Attorney Damian Williams, in a statement.
In response, he booked a one-way ticket to New Delhi
Ishan Wahi, the Coinbase employee who was charged, was involved in listing new crypto assets on Coinbase’s exchange. When Coinbase announces that a...
Continue reading…
Continue reading...