insider trading

Securities and Exchange Commission logo (CoinDesk)
Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
The exchange denies any of the tokens former Coinbase manager Ishan Wahi traded with associates were securities because Coinbase doesn’t list securities – but it would like to if the SEC gave it proper rules and guidance.
Securities and Exchange Commission logo (CoinDesk)

Court (Tingey Injury Law Firm/ Unsplash)
Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” because the creators of the nine tokens, that are at the center of the insider trading case, are not linked to the case.
Court (Tingey Injury Law Firm/ Unsplash)

SEC Chair Gary Gensler (Anna Moneymaker/Getty Images)
Will the SEC Convince a Court It’s Right to Label These Tokens as Securities?
The U.S. agency’s insider-trading case against a former Coinbase manager hinged on nine tokens it classified as securities, but the ex-employee’s lawyers are saying it’s not so.
SEC Chair Gary Gensler (Anna Moneymaker/Getty Images)

CDCROP: Gavel Justice Law (Shutterstock)
Former Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters
Ishan Wahi had previously pleaded not guilty to federal charges of insider trading.
CDCROP: Gavel Justice Law (Shutterstock)

CDCROP: Madison Cawthorn (Committee on Arrangements for the 2020 Republican National Committee via Getty Images)
US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token
The probe concluded the North Carolina Republican broke rules but it didn’t find sufficient evidence he’d used inside information to pump up his own investment.
CDCROP: Madison Cawthorn (Committee on Arrangements for the 2020 Republican National Committee via Getty Images)

CDCROP: OpenSea AI Artwork (Midjourney/CoinDesk)
Court Refuses to Dismiss 'Insider-Trading' Case Against Former OpenSea Exec
Nate Chastain, who was head of product at the NFT marketplace, was indicted in June.
CDCROP: OpenSea AI Artwork (Midjourney/CoinDesk)

CDCROP: Gavel Justice Legal (Unsplash)
First Guilty Plea in Coinbase-Related Insider Trading Charges
The brother of a former Coinbase product manager, Nikhil Wahi, in late July was arrested for trading on confidential information.
CDCROP: Gavel Justice Legal (Unsplash)

close up of a Thailand flag waving with blue sky in background
Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
close up of a Thailand flag waving with blue sky in background

(OpenSea/CoinDesk, modified PhotoMosh and BeFunky)
Ex-OpenSea Executive Files to Dismiss DOJ Case Alleging NFT Insider Trading
Nathaniel Chastain's motion says NFTs cannot be classified as securities or commodities, a requirement for wire fraud charges.
(OpenSea/CoinDesk, modified PhotoMosh and BeFunky)

CDCROP: Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)
Token Front-Running Was Common at Coinbase Crypto Exchange, a New Study Argues
The paper found suspicious trading around 10% to 25% of new crypto listings and says the problem goes beyond the instances in a U.S. Department of Justice case brought in July.
CDCROP: Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)