law2ccrime

  • Crypto Gets Its First Prison Sentence for Insider Trading

    Crypto Gets Its First Prison Sentence for Insider Trading

    A U.S. District Judge sentenced Nikhil Wahi to 10 months in prison on Tuesday, bringing one part of a historic cryptocurrency criminal case to a close. Wahi, the brother of a former Coinbase product manager, was charged with conspiracy to commit wire fraud last July in what prosecutors called the “first ever cryptocurrency insider trading…