Nikhil Wahi admitted to trading with the use of inside information obtained from Coinbase. According to the federal prosecutors in Manhattan, Ishan Wahi, a former product manager, had shared confidential information regarding new digital assets that Coinbase was planning to add to its trading platform, with both his brother and their friend Sameer Ramani.
The However, his defense attorneys suggested a different outcome, arguing that Nikhil's motivation for committing the crime was to repay his parents for paying for his college education and that he had no prior criminal record. The sentencing of Nikhil Wahi is taking place amid increased scrutiny from U.S. prosecutors and regulators toward cryptocurrency companies and their executives.following an investigation into the company's compliance program. According to NYDFS, Coinbase has agreed to pay a $50 million fine in response to violations of New York's financial services and banking laws and also to invest $50 million to correct its compliance program.
Coinbase’s woes seem to continue, as on Jan 10, Coinbase CEO Brian Armstrong officially announced that
Doesn't old mate Nancy get inside info.
they should give him an additional 10 months for only making $900k off that information.
Cool, what about Pelosi?
I‘m sure a lot more people need to go to prison by those standards.
Money corrupts all…
Wtf
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