An ex-Coinbase staffer's brother was just hit with the first-ever sentence for crypto insider trading

Jan 11 2023 by Business Insider

 
Coinbase, Kraken and Blockchain.com are among crypto firms still hiring.

Getty Images

The cryptocurrency sector just saw its first-ever sentencing for insider trading.  Nikhil Wahi, the brother of a former Coinbase staffer, will serve 10 months in prison and was ordered to pay $892,500. He pled guilty in September to one count of conspiracy to commit wire fraud.

Nikhil Wahi, the brother of a former Coinbase product manager, was sentenced to 10 months in prison on Tuesday at a federal court in...

Continue Reading An ex-Coinbase staffer's brother was just hit with the first-ever sentence for crypto insider trading