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June 2, 2022 05:10 pm GMT
Original Link: https://boingboing.net/2022/06/02/openseas-head-of-product-faces-40-years-for-nft-insider-trading.html
OpenSea's head of product faces 40 years for NFT insider trading
Nathaniel Chastain (31), a former product manager at OpenSea, the largest online NFT market, was arrested and charged with insider trading. The Department of Justice described his alleged offense as a "Digital Asset Insider Trading Scheme."
During his time at OpenSea, Chastain allegedly used confidential business information to buy NFTs in advance of them being added to the marketplace's front page. — Read the rest
Original Link: https://boingboing.net/2022/06/02/openseas-head-of-product-faces-40-years-for-nft-insider-trading.html
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