Brother of ex-Coinbase supervisor pleads responsible to insider buying and selling cost

NEW YORK — The brother of a former Coinbase World Inc product supervisor pleaded responsible on Monday to a wire fraud conspiracy cost in what U.S. prosecutors have known as the primary insider buying and selling case involving cryptocurrency.

Nikhil Wahi mentioned in a digital courtroom listening to earlier than U.S. District Choose Loretta Preska that he made trades primarily based on confidential Coinbase info.

You are reading: Brother of ex-Coinbase supervisor pleads responsible to insider buying and selling cost

Prosecutors say Ishan Wahi, the previous product supervisor, shared confidential info along with his brother and their buddy Sameer Ramani about forthcoming bulletins of recent digital belongings that Coinbase would enable customers to commerce.

Readmore : The Truck Man Podcast – Energy Up

Ishan Wahi has pleaded not responsible. Ramani, who was additionally charged, is at giant.

(Reporting by Luc Cohen in New York Enhancing by Bernadette Baum)

Related Articles

Related Posts


This will close in 0 seconds