Search Results for "insider trading"
EdgeX (EDGE) Token Plummets 70% Amid Allegations of Insider Manipulation
EdgeX blames external market manipulation for a 70% crash in its EDGE token, while ZachXBT points to insider-controlled supply as the root cause.
Prediction Markets Need Balanced Insider Trading Rules, Study Says
New research suggests optimal enforcement of insider trading in prediction markets lies between extremes, as lawmakers and regulators target violations.
Rep. Bryan Steil Targets Insider Trading in Prediction Markets with New Bill
Rep. Bryan Steil proposes a bill banning Congress members from policy-related bets on prediction markets, sparking debate over White House exclusion.
First Jury Hearing in OpenSea Insider Trading Case
Former OpenSea product manager Nathaniel Chastain faces charges of wire fraud and money laundering for allegedly using insider knowledge to buy and sell NFTs for a profit. The case may have a significant impact on the legal classification of NFTs, with concerns that they could be labeled as securities.
Washington D.C. Attorney Faces SEC Insider Trading Charges
Romero Cabral da Costa Neto, a visiting attorney at a global law firm, has been charged with insider trading by the SEC, alleging he accessed confidential information about Swedish Orphan Biovitrum's acquisition of CTIC and purchased over 10,000 shares.
Opensea NFT marketplace Accuses Senior Employee of Insider Trading
Opensea has confirmed an insider trading against the company’s head of product.
Former OpenSea Head of Product, Nathaniel Chastain, Sentenced in Pioneering NFT Insider Trading Case
Nathaniel Chastain, former OpenSea head of product, received a three-month term for digital asset insider trading. Chastain was found guilty of "fraud and money laundering" and earning over $50,000 via NFT transactions. Insider trading in crypto and digital assets is a developing problem, with fines of up to 20 years for each offence.
Ex-Coinbase Staff Sued in Insider Trading Case
32-year-old Ishan Wahi, the former Product Manager at Coinbase Global Inc, has been charged in a district court in Washington for orchestrating an insider trading fraud.
Former Coinbase Employee Sentenced
Ishan Wahi, former product manager at Coinbase, has been sentenced to 24 months in prison for insider trading. Wahi used confidential information from Coinbase to profit off new token listings, totaling up to $1.5 million.
Korean Prosecution Investigates Cypto Coin WEMIX Issuer WeMade and Hyperism Simultaneously
The Korean prosecution has simultaneously raided WeMade, the issuer of the cryptocurrency WEMIX, and Hyperism, the asset management company responsible for WEMIX's market making. This incident comes right after South Korea’s parliament passed the Virtual Asset Protection Act, which aims to crack down on illegal illegal trading practices such as market price manipulation and insider trading.
Telos Launches Most Powerful EVM And Combats Insider Trading in Crypto Market
Telos is powered by smart contract blockchain and TLOS cryptocurrency to offer a decentralized computing network, a global economy, and an app ecosystem, which provides fast and scalable DApps.
Former Coinbase Product Manager Sentenced to Prison for Insider Trading Scheme
Ishan Wahi, a former product manager at Coinbase, has been sentenced to two years in prison for his role in an insider trading scheme that involved using confidential information obtained during his time at Coinbase. Wahi, along with his brother and an associate, allegedly used the information to profit off new token listings, totaling up to $1.5 million.
