Article 61NMQ Former US Coinbase employee and two others charged with insider trading

Former US Coinbase employee and two others charged with insider trading

by
Dan Milmo and agency
from Technology | The Guardian on (#61NMQ)

Cryptocurrency exchange manager and his brother arrested in Seattle in what is described as the first case of its kind

A former Coinbase employee and two others have been charged in what federal authorities described as the US government's first cryptocurrency insider trading case.

Ishan Wahi, a product manager at the cryptocurrency exchange, and his brother Nikhil Wahi were arrested in Seattle on Thursday. They and a third defendant, their friend Sameer Ramani, who remains at large, also face civil charges from the US financial watchdog, the Securities and Exchange Commission (SEC).

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