Former Coinbase Employee Guilty of Insider Trading; Will Be Sentenced in May
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Not that long ago, Live published an article talking about how the brother of a former Coinbase employee was found guilty of insider trading in what was arguably the first-ever insider trading case surrounding crypto. Now, it looks like the actual employee – who orchestrated the scheme – has pleaded guilty to charges similar with those presented to his sibling, and he’s set to be sentenced in roughly two months. Former Coinbase Employee to Be Sentenced in Two Months The Department of Justice (DOJ) oversaw the case at hand and said that Ishan Wahi, a former product manager at Coinbase,
Former Coinbase product manager Ishan Wahi will serve two years behind bars after he took part in a crypto-based insider trading scheme. Former Coinbase Manager Heading to Prison As a former employee of one of the world’s largest and most renowned crypto trading platforms, Wahi gained access to specific knowledge…