11-05-2023 03:25 via yro.slashdot.org

Former Coinbase Product Manager Gets Two Years For Insider Trading

Former Coinbase product manager Ishan Wahi was sentenced to two years in prison for insider trading. Decrypt reports: Ishan Wahi, 32, and his associates -- including his brother, Nikhil -- made over $1.5 million from investing in new digital assets just before they were listed by America's biggest crypto exchange. Wahi was able to use his knowledge of incoming assets to buy them and then quickly sell them, to make huge profits. When the San Francisco-based exchange lists new coins and tokens, th
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