Former Coinbase product manager Ishan Wahi and his brother are looking to get the insider trading charges leveled against them dropped, as their lawyers argue they did not have the “culpable state of ...
Tag: insider trading
Coinbase Insider Trader Gets 10 Months In Prison
The brother of a former Coinbase product manager has been sentenced to 10 months’ prison after earning almost $900,000 in a crypto insider trading scheme. US authorities charged Nikhil Wahi last July,...
Prevent Insider Trading By Following New SEC Rules For 10b5-1 Plans
Abuses of 10b5-1 plans, which are supposed to help prevent insider trading, have led the SEC to … [+] tighten the rules. getty Insider trading is a notorious form of white-collar wrongdoing that...
Avoid Insider Trading By Selling Stock With A Rule 10b5-1 Plan
Corporate insiders must sell company shares to meet financial goals but also need to avoid insider … [+] trading. A Rule 10b5-1 trading plan offers some protection. getty When you work at a publ...
Ex-Coinbase manager’s brother pleads guilty in first crypto insider trading case: Reuters
The brother of a former Coinbase product manager pleaded guilty to a wire fraud conspiracy charge in connection with an ongoing insider trading case, according to Reuters. Nikhil Wahi, brother of ex-C...
Crypto firms could face fallout from SEC insider trading case against former Coinbase employee
The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) on July 21 brought parallel criminal and civil actions against a former Coinbase employee, his brother and his frien...
CFTC commissioners speak up after SEC files crypto insider trading case
Members of the Commodity Futures Trading Commission (CFTC) stressed the need for more regulatory collaboration after the Securities and Exchange Commission (SEC) lodged a digital assets insider tradin...
Coinbase Is Ready To Challenge The SEC
Brian Armstrong, founder of Coinbase, photographed for Forbes by Jamel Toppin in January 2020. Jamel Toppin/The Forbes Collection What Happened The Department of Justice (U.S. Attorney’s Office for th...
SEC Reportedly Probing Elon Musk And Brother Over Tesla Stock Sales
Topline The Securities and Exchange Commission is investigating whether Tesla CEO Elon Musk and his younger brother, Kimbal, violated insider trading rules when Kimbal Musk sold $108 million worth of ...