Coinbase protests as judge declares token trades are securities transactions
Coinbase filed a notice to Judge Polk Failla on March 5, saying that Judge Lin's ruling "was procured against an empty chair and its reasoning reflects as much."
Coinbase filed a notice to Judge Polk Failla on March 5, saying that Judge Lin's ruling "was procured against an empty chair and its reasoning reflects as much."
Ex-Coinbase product manager Ishan Wahi has been sentenced to two years in prison for insider trading he had committed while working at the exchange.
Ex-Coinbase staffer Ishan Wahi pleaded guilty to two counts of conspiracy to commit wire fraud. He, together with his brother Nikhil and Sameer Ramani, were charged with insider trading in July 2022.
Ishan Wahi, his brother Nikhil and friend Sameer Ramani are accused of violating securities laws’ antifraud provisions to earn over $1.1 million in illegal profits between June 2021 and April 2022.