Insider trading at Coinbase results in a 10-month prison sentence

Illustration of the Coinbase wordmark on a black and red background. Illustration by Alex Castro / The Verge

What’s been called the first cryptocurrency-related insider trading case has resulted in prison time for one Nikhil Wahi, who pled guilty to conspiracy to commit wire fraud, according to Bloomberg and Reuters.

Last summer, Wahi was accused of getting information from his brother, a now-former project manager at Coinbase, and using it to buy coins before they were listed fo...

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