Ishan Wahi, the product manager at the cryptocurrency exchange, and his brother Nikhil Wahi were arrested on Thursday in Seattle, and expected to appear in federal court there later in the day.They and a third defendant, their friend Sameer Ramani, also face related U.S. Securities and Exchange Commission civil charges. Ramani is at large.
Prosecutors also said Ishan Wahi bought one-way plane ticket to India after a Coinbase security director summoned him to the company's Seattle office for a meeting. Law enforcement barred him from boarding the May 16 flight, prosecutors said.Andrew St. Laurent, a lawyer for Ishan Wahi, declined to comment. A lawyer for Nikhil Wahi did not immediately respond to requests for comment. A lawyer for Ramani could not immediately be identified.