INSIDER TRADING
Prediction Markets Driven by 3.5% of Users, Study Finds
New research reveals that an 'informed minority' drives price accuracy in prediction markets, raising questions about fairness and insider trading risks.
Jane Street Seeks Dismissal of Terraform Insider Trading Lawsuit
Jane Street moves to dismiss Terraform's insider trading lawsuit, arguing trades were based on public signals during Terra's $40 billion collapse.
US Soldier Charged Over $400K Polymarket Bet on Maduro Ouster
Master Sergeant Gannon Ken Van Dyke faces charges for using military intel to profit $400,000+ on Polymarket bets tied to Maduro's removal.
New York, Illinois Ban Officials From Prediction Markets
New York and Illinois ban state employees from prediction market betting to curb insider trading amid surging market volumes.
Kalshi Bans US Candidates Over Insider Election Bets
Kalshi fined and banned 3 US political figures for betting on their own elections, signaling stricter enforcement in prediction markets.
MemeCore Token Faces ZachXBT Scrutiny Over 90% Insider Holdings Claim
Onchain investigator ZachXBT demands MemeCore explain why insiders allegedly control over 90% of M token supply despite $6B market cap claims.
China Forestry Executives Found Guilty of Market Misconduct
The Market Misconduct Tribunal finds China Forestry's former chairman and CEO guilty of false disclosures and insider trading.
Ex-Banker Ordered to Disgorge $3 Million in Illegal Insider Trading Profits
A former banker has been ordered to return $3 million in illegal gains from insider trading, according to the Securities and Futures Commission.
Segantii Capital Management Faces Insider Dealing Charges in District Court
Insider dealing case against Segantii Capital Management and CIO moved to District Court.
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.
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.
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.
Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus
In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.
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.
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.