Article 5ZY29 FBI sets sights on crypto economy with arrest of former OpenSea staffer

FBI sets sights on crypto economy with arrest of former OpenSea staffer

by
Alex Hern UK technology editor
from Technology | The Guardian on (#5ZY29)

Ex-employee of the NFT marketplace, Nathaniel Chastain, charged with wire fraud and money laundering

An ex-employee of the leading non-fungible tokens (NFT) marketplace has been charged with wire fraud and money-laundering offences in a sign that US law enforcement will no longer turn a blind eye to the crypto economy.

Nathaniel Chastain left his job as a product manager at OpenSea, the largest marketplace for NFTs - the unique crypto assets used to denote ownership of items such as digital art - after being accused of insider trading.

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