Coinbase wins $470K restitution in insider trading case By Cointelegraph
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The brother of a former Coinbase (NASDAQ:) employee has agreed to pay the cryptocurrency exchange nearly $470,000 for his role in an insider trading scheme.
According to a New York District Court filing signed on April 6 and made public on April 10, Nikhil Wahi — brother of former Coinbase product manager Ishan Wahi — will be required to begin making restitution payments while serving time in prison in what is believed to be the first insider trading case involving crypto.
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© Reuters
The brother of a former Coinbase (NASDAQ:) employee has agreed to pay the cryptocurrency exchange nearly $470,000 for his role in an insider trading scheme.
According to a New York District Court filing signed on April 6 and made public on April 10, Nikhil Wahi — brother of former Coinbase product manager Ishan Wahi — will be required to begin making restitution payments while serving time in prison in what is believed to be the first insider trading case involving crypto.
Continue Reading on Coin Telegraph
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