Coinbase employee mired in first insider trading case involving cryptocurrency
by Reuters from on (#63HZ1)
Rohan Wahi, the brother of a former product manager at the company, has pleaded guilty to wire fraud conspiracy charges
The brother of a former Coinbase Global Inc product manager pleaded guilty on Monday to a wire fraud conspiracy charge, in what US prosecutors have called the first insider trading case involving cryptocurrency.
Nikhil Wahi, 26, admitted during a virtual court hearing before US district judge Loretta Preska in Manhattan that he made trades based on confidential Coinbase information.
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