United States (US) prosecutors told Coinbase official insider tradingfiled a lawsuit.
The lawsuit has been described as the first “trading lawsuit” in crypto industry history. Coinbase Global Inc.Ishan Wahi, a former executive of . information trade clarified his case. In this trade accusation, Wahi was found guilty of creating two schemes to commit phone fraud.
Trade Accusation To Coinbase Official!
A hearing was held on 7 February. At this hearing Ishan Wahi, Manhattanin federal court “I knew SameerRaman and NikhilWahi would use this information to make trading decisions.”made the statement. “For Coinbase spread property by misuseIt was the wrong move.”he added to his sentences.
As a result of the confession agreement, Ishan Wahi agreed to be sentenced to between 36 and 47 months in prison. The hearing to determine the sentence is scheduled for May 10. Findings from the trade investigation Coinbase’sreported to the prosecutors.
Ishan Wahi’s brother Nikhil’s, phone scam It was reported that he was sentenced to 10 months in prison for the crime. Nikhil Wahi, based on confidential information he obtained with the support of his brother trade was declared guilty. Ramani, who was included in the investigation, has still not been found.
