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First crypto insider trading case ends with 10-month sentence

First crypto insider trading case ends with 10-month sentence

Nikhil Wahi confessed to making trades using information passed to him by his brother, a Coinbase product manager.

Cryptocurrency news by Protos · Protos

January 11, 20231m 58s

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Show Notes

In what was called crypto’s first-ever insider trading case, the brother of a former Coinbase employee has been sentenced to 10 months in prison for conspiracy to commit wire fraud.


As reported by Reuters, Nikhil Wahi, confessed last year to making trades using confidential information passed to him by his brother Ishan, a product manager at the San Francisco-based exchange.


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