Coinbase employee mired in first insider trading case involving cryptocurrency

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Rohan Wahi, the brother of a former product manager at the company, has pleaded guilty to wire fraud conspiracy charges

The brother of a former Coinbase Global Inc product manager pleaded guilty on Monday to a wire fraud conspiracy charge, in what US prosecutors have called the first insider trading case involving cryptocurrency.

Nikhil Wahi, 26, admitted during a virtual court hearing before US district judge Loretta Preska in Manhattan that he made trades based on confidential Coinbase information.

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 ALL Credit of this post going to https://www.theguardian.com

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