U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales are Securities Transactions

Date:

Share post:



U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales are Securities Transactions
In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Three Days Experiencing Fiordland’s Great Walks From Te Anau

Te Anau arrives before Fiordland does. You feel it...

Democrats Reject CLARITY Act Draft as Crypto Ethics Dispute Intensifies

Key TakeawaysSeven Senate Democrats said the latest CLARITY Act draft needs stronger ethics and consumer protections.The revised...

A Traveler’s Health Guide to East Africa Safaris

A safari in East Africa is one of the...

Arbitrum Fast Feed Proposal Would Route 97% Of Revenue To DAO Treasury

Arbitrum governance is considering a Fast Feed proposal that would create a paid, authenticated data streaming product...