Former Coinbase Employee to Serve Two Years in Jail
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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 that ultimately made him privy to price activity regarding certain coins. As the product manager, he would often learn about which coins would be listed on Coinbase and when. From there, he would pass this information along to his brother and a family friend and together, they would purchase these
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…