By Aaron Nicodemus2022-09-13T20:20:00
The Department of Justice (DOJ) obtained its first guilty plea for the insider trading of cryptocurrency assets.
Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pleaded guilty to one count of wire fraud conspiracy Monday in U.S. District Court for the Southern District of New York.
Ishan Wahi was hired as part of the Coinbase asset listing team in 2020. Coinbase is one of the largest cryptocurrency exchanges in the world, and Wahi’s job gave him access to confidential information about when certain cryptocurrency assets would be listed on the company’s exchange.
2023-05-11T15:41:00Z By Aaron Nicodemus
Former Coinbase product manager Ishan Wahi was sentenced to two years in federal prison for his role in a crypto insider trading scheme.
2023-01-10T20:33:00Z By Aaron Nicodemus
The brother of a former Coinbase employee has been sentenced to 10 months in prison for his role in a groundbreaking insider trading scheme involving cryptocurrency.
2022-09-20T16:30:00Z By Aaron Nicodemus
The Treasury Department is seeking public input on how to address illicit finance and national security risks posed by digital assets, part of a multipronged push by the Biden administration to hold bad actors accountable and identify potential enforcement and regulatory gaps.
2025-08-29T17:48:00Z By Ruth Prickett
The U.K. will start cracking down on companies under the new Failure to Prevent Fraud law on Sept. 1, with the Crown Prosecution Service and Serious Fraud Office ready to enforce it.
2025-08-28T18:44:00Z By Adrianne Appel
The Trump administration has intensified its fight with California as the DOJ launched an investigation into whether the state’s environmental agency is violating federal law by pursuing racial equity.
2025-08-27T14:11:00Z By Adrianne Appel and Oscar Gonzalez
Synapse Financial Technologies, the troubled California fintech software provider, has agreed to let the Consumer Financial Protection Bureau (CFPB) eventually file a claim on its bankrupt estate.
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