Ex-Coinbase Manager, Two Others Indicted In Alleged $1.1 Million Crypto Insider Trading Scheme (2024)

Breaking

23 minutes ago

Mega Millions Jackpot Hits $735 Million: Here’s What The Winner Would Take Home After Taxes

2 hours ago

Here’s Why Gold Is At A Record High Despite Strong U.S. Stock Market And Economy

14 hours ago

What Is ‘Chroming’? UK Boy Dies After Participating In ‘Dangerous’ Social Media Challenge

14 hours ago

Senate Passes Crucial Spending Bill To Avert Partial Government Shutdown

16 hours ago

Ratings Soar For Biden’s State Of The Union—More Than 32 Million Watched Address

16 hours ago

Sam Altman To Rejoin OpenAI Board After Fallout, Report Says

17 hours ago

Lawmaker Proposes Rule To Ban Expelled House Members After George Santos’ SOTU Appearance

18 hours ago

Who Is Midnight Blizzard? Russian-Linked Group Has Repeatedly Targeted Microsoft, Company Says

19 hours ago

Apple Reverses Termination Of Epic Games’ Developer Account Days After Removing It

20 hours ago

Iowa GOP Passes ‘Personhood’ Bill As Dems Warn It Could Threaten IVF—Here’s What To Know

20 hours ago

Pentagon Probe Finds No Evidence Of Extraterrestrial Visits, Technology

21 hours ago

Lara Trump And Michael Whatley Elected RNC Leaders As Trump Tightens Grip On Republicans

22 hours ago

United Airlines Jet Rolls Off Runway In Houston, Joining These Other Airline Close Calls

22 hours ago

Lawmakers Request Documents From MIT In Antisemitism Probe—Here’s What We Know

23 hours ago

Elon Musk Briefly Falls Behind Jeff Bezos As Richest Person In U.S.—Again

23 hours ago

What Is Donanemab? Eli Lilly’s Alzheimer’s Drug Gets Delayed Decision From FDA

23 hours ago

Trump Posts $91.6 Million Bond In E. Jean Carroll Case As He Appeals

+1 day ago

Trump Condemns Potential TikTok Ban—Despite Pushing For Ban During His Presidency

+1 day ago

Unemployment Rate Spikes To 2-Year High

+1 day ago

Here Are All The Legal Bills Trump Has Faced Since Last Year—Surpassing $540 Million

23 minutes ago

Mega Millions Jackpot Hits $735 Million: Here’s What The Winner Would Take Home After Taxes","scope":{"topStory":{"index":1,"title":"Mega Millions Jackpot Hits $735 Million: Here’s What The Winner Would Take Home After Taxes","image":"https://specials-images.forbesimg.com/imageserve/65ec76210ea1d361d6d73948/290x0.jpg?cropX1=0&cropX2=3094&cropY1=159&cropY2=1900","isHappeningNowArticle":true,"date":"23 minutes ago","uri":"https://www.forbes.com/sites/tylerroush/2024/03/09/mega-millions-jackpot-hits-735-million-heres-what-the-winner-would-take-home-after-taxes/"}},"id":"37p3bgrp1e4g00"},{"textContent":"

2 hours ago

Here’s Why Gold Is At A Record High Despite Strong U.S. Stock Market And Economy","scope":{"topStory":{"index":2,"title":"Here’s Why Gold Is At A Record High Despite Strong U.S. Stock Market And Economy","image":"https://specials-images.forbesimg.com/imageserve/65eb7ded5071c741f8a9dcf1/290x0.jpg?cropX1=0&cropX2=1014&cropY1=104&cropY2=674","isHappeningNowArticle":true,"date":"2 hours ago","uri":"https://www.forbes.com/sites/dereksaul/2024/03/09/heres-why-gold-is-at-a-record-high-despite-strong-us-stock-market-and-economy/"}},"id":"6200r6rm8jo000"},{"textContent":"

14 hours ago

What Is ‘Chroming’? UK Boy Dies After Participating In ‘Dangerous’ Social Media Challenge","scope":{"topStory":{"index":3,"title":"What Is ‘Chroming’? UK Boy Dies After Participating In ‘Dangerous’ Social Media Challenge","image":"https://specials-images.forbesimg.com/imageserve/65ebbb18f8bd0fdedb5530cc/290x0.jpg?cropX1=0&cropX2=3807&cropY1=0&cropY2=2140","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/ariannajohnson/2024/03/08/what-is-chroming-uk-boy-dies-after-participating-in-dangerous-social-media-challenge/"}},"id":"452omr8p17qk00"},{"textContent":"

14 hours ago

Senate Passes Crucial Spending Bill To Avert Partial Government Shutdown","scope":{"topStory":{"index":4,"title":"Senate Passes Crucial Spending Bill To Avert Partial Government Shutdown","image":"https://specials-images.forbesimg.com/imageserve/65ebb2132025ced51d93b8fa/290x0.jpg?cropX1=1&cropX2=3492&cropY1=0&cropY2=2329","isHappeningNowArticle":true,"date":"14 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/08/senate-passes-crucial-spending-bill-to-avert-partial-government-shutdown/"}},"id":"3rhq9k2qn2hg00"},{"textContent":"

16 hours ago

Ratings Soar For Biden’s State Of The Union—More Than 32 Million Watched Address","scope":{"topStory":{"index":5,"title":"Ratings Soar For Biden’s State Of The Union—More Than 32 Million Watched Address","image":"https://specials-images.forbesimg.com/imageserve/65eb99e323e159d772244b74/290x0.jpg?cropX1=0&cropX2=1557&cropY1=0&cropY2=1038","isHappeningNowArticle":true,"date":"16 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/08/ratings-soar-for-bidens-state-of-the-union-more-than-32-million-watched-address/"}},"id":"12kb5n45i0d600"},{"textContent":"

16 hours ago

Sam Altman To Rejoin OpenAI Board After Fallout, Report Says","scope":{"topStory":{"index":6,"title":"Sam Altman To Rejoin OpenAI Board After Fallout, Report Says","image":"https://specials-images.forbesimg.com/imageserve/65eb979b989e42bfccf015e2/290x0.jpg?cropX1=0&cropX2=2675&cropY1=78&cropY2=1583","isHappeningNowArticle":true,"date":"16 hours ago","uri":"https://www.forbes.com/sites/brianbushard/2024/03/08/sam-altman-to-rejoin-openai-board-after-fallout-report-says/"}},"id":"5ldhb40dmeeo00"},{"textContent":"

17 hours ago

Lawmaker Proposes Rule To Ban Expelled House Members After George Santos’ SOTU Appearance","scope":{"topStory":{"index":7,"title":"Lawmaker Proposes Rule To Ban Expelled House Members After George Santos’ SOTU Appearance","image":"https://specials-images.forbesimg.com/imageserve/65eb8823dca9c47ae5418ae6/290x0.jpg?cropX1=302&cropX2=3602&cropY1=47&cropY2=1904","isHappeningNowArticle":true,"date":"17 hours ago","uri":"https://www.forbes.com/sites/caileygleeson/2024/03/08/lawmaker-proposes-rule-to-ban-expelled-house-members-after-george-santos-sotu-appearance/"}},"id":"174rqq2mco6a00"},{"textContent":"

18 hours ago

No Labels Considering Georgia Republican Geoff Duncan As Presidential Candidate, Report Says","scope":{"topStory":{"index":8,"title":"No Labels Considering Georgia Republican Geoff Duncan As Presidential Candidate, Report Says","image":"https://specials-images.forbesimg.com/imageserve/65eb82c9f3e76255e3bc105b/290x0.jpg?cropX1=0&cropX2=2388&cropY1=112&cropY2=1456","isHappeningNowArticle":true,"date":"18 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/08/new-labels-considering-georgia-republican-geoff-duncan-as-presidential-candidate-report-says/"}},"id":"3bg2peh44ed000"},{"textContent":"

18 hours ago

Who Is Midnight Blizzard? Russian-Linked Group Has Repeatedly Targeted Microsoft, Company Says","scope":{"topStory":{"index":9,"title":"Who Is Midnight Blizzard? Russian-Linked Group Has Repeatedly Targeted Microsoft, Company Says","image":"https://specials-images.forbesimg.com/imageserve/65eb813db435555c16ae7693/290x0.jpg?cropX1=0&cropX2=3527&cropY1=181&cropY2=2163","isHappeningNowArticle":true,"date":"18 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/08/who-is-midnight-blizzard-russian-linked-group-has-repeatedly-targeted-microsoft-company-says/"}},"id":"1c3726bd5dfo00"},{"textContent":"

19 hours ago

Apple Reverses Termination Of Epic Games’ Developer Account Days After Removing It","scope":{"topStory":{"index":10,"title":"Apple Reverses Termination Of Epic Games’ Developer Account Days After Removing It","image":"https://specials-images.forbesimg.com/imageserve/65eb6b58dd28b8c8661aff58/290x0.jpg?cropX1=0&cropX2=7529&cropY1=0&cropY2=5015","isHappeningNowArticle":true,"date":"19 hours ago","uri":"https://www.forbes.com/sites/antoniopequenoiv/2024/03/08/apple-reverses-termination-of-epic-games-developer-account-days-after-removing-it/"}},"id":"2g0heqk383ek00"},{"textContent":"

20 hours ago

Iowa GOP Passes ‘Personhood’ Bill As Dems Warn It Could Threaten IVF—Here’s What To Know","scope":{"topStory":{"index":11,"title":"Iowa GOP Passes ‘Personhood’ Bill As Dems Warn It Could Threaten IVF—Here’s What To Know","image":"https://specials-images.forbesimg.com/imageserve/64b1aa66bdf2c8189be9bcff/290x0.jpg?cropX1=0&cropX2=2513&cropY1=0&cropY2=1414","isHappeningNowArticle":true,"date":"20 hours ago","uri":"https://www.forbes.com/sites/brianbushard/2024/03/08/iowa-gop-passes-personhood-bill-as-dems-warn-it-could-threaten-ivf-heres-what-to-know/"}},"id":"c0e5r4q1npnc00"},{"textContent":"

20 hours ago

Pentagon Probe Finds No Evidence Of Extraterrestrial Visits, Technology","scope":{"topStory":{"index":12,"title":"Pentagon Probe Finds No Evidence Of Extraterrestrial Visits, Technology","image":"https://specials-images.forbesimg.com/imageserve/65eb5cc442dd027f8f288829/290x0.jpg?cropX1=0&cropX2=1876&cropY1=49&cropY2=1105","isHappeningNowArticle":true,"date":"20 hours ago","uri":"https://www.forbes.com/sites/caileygleeson/2024/03/08/pentagon-probe-finds-no-evidence-of-extraterrestrial-visits-technology/"}},"id":"45b220a6qm3c00"},{"textContent":"

21 hours ago

Lara Trump And Michael Whatley Elected RNC Leaders As Trump Tightens Grip On Republicans","scope":{"topStory":{"index":13,"title":"Lara Trump And Michael Whatley Elected RNC Leaders As Trump Tightens Grip On Republicans","image":"https://specials-images.forbesimg.com/imageserve/65eb55405f8396668f2a361b/290x0.jpg?cropX1=0&cropX2=2912&cropY1=123&cropY2=1759","isHappeningNowArticle":true,"date":"21 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/08/lara-trump-and-michael-whatley-elected-rnc-leaders-as-trump-tightens-grip-on-republicans/"}},"id":"a1k2hp97d62o00"},{"textContent":"

22 hours ago

United Airlines Jet Rolls Off Runway In Houston, Joining These Other Airline Close Calls","scope":{"topStory":{"index":14,"title":"United Airlines Jet Rolls Off Runway In Houston, Joining These Other Airline Close Calls","image":"https://specials-images.forbesimg.com/imageserve/65eb4471b9d7b7b35d9f6225/290x0.jpg?cropX1=0&cropX2=4694&cropY1=267&cropY2=2909","isHappeningNowArticle":true,"date":"22 hours ago","uri":"https://www.forbes.com/sites/brianbushard/2024/03/08/united-airlines-jet-rolls-off-runway-in-houston-joining-these-other-airline-close-calls/"}},"id":"55rflj16r16000"},{"textContent":"

22 hours ago

Lawmakers Request Documents From MIT In Antisemitism Probe—Here’s What We Know","scope":{"topStory":{"index":15,"title":"Lawmakers Request Documents From MIT In Antisemitism Probe—Here’s What We Know","image":"https://specials-images.forbesimg.com/imageserve/65eb404dc0cadcdad5a1d05c/290x0.jpg?cropX1=0&cropX2=1723&cropY1=88&cropY2=1058","isHappeningNowArticle":true,"date":"22 hours ago","uri":"https://www.forbes.com/sites/caileygleeson/2024/03/08/lawmakers-request-documents-from-mit-in-antisemitism-probe-heres-what-we-know/"}},"id":"83gdmpqka0qg00"},{"textContent":"

23 hours ago

Elon Musk Briefly Falls Behind Jeff Bezos As Richest Person In U.S.—Again","scope":{"topStory":{"index":16,"title":"Elon Musk Briefly Falls Behind Jeff Bezos As Richest Person In U.S.—Again","image":"https://specials-images.forbesimg.com/imageserve/65eb3bd969e324809b3ceaa1/290x0.jpg?cropX1=0&cropX2=3293&cropY1=38&cropY2=1892","isHappeningNowArticle":true,"date":"23 hours ago","uri":"https://www.forbes.com/sites/mollybohannon/2024/03/08/elon-musk-falls-behind-jeff-bezos-as-richest-person-in-us-again/"}},"id":"apogo3jn38c000"},{"textContent":"

23 hours ago

What Is Donanemab? Eli Lilly’s Alzheimer’s Drug Gets Delayed Decision From FDA","scope":{"topStory":{"index":17,"title":"What Is Donanemab? Eli Lilly’s Alzheimer’s Drug Gets Delayed Decision From FDA","image":"https://specials-images.forbesimg.com/imageserve/65eb3c53a3490c3dc9b94107/290x0.jpg?cropX1=0&cropX2=3355&cropY1=171&cropY2=2059","isHappeningNowArticle":true,"date":"23 hours ago","uri":"https://www.forbes.com/sites/jamesfarrell/2024/03/08/what-is-donanemab-eli-lillys-alzheimers-drug-gets-delayed-decision-from-fda/"}},"id":"ceg1gfh18oh400"},{"textContent":"

23 hours ago

Trump Posts $91.6 Million Bond In E. Jean Carroll Case As He Appeals","scope":{"topStory":{"index":18,"title":"Trump Posts $91.6 Million Bond In E. Jean Carroll Case As He Appeals","image":"https://specials-images.forbesimg.com/imageserve/65e745c51967e25ea5b7cd63/290x0.jpg?cropX1=0&cropX2=1418&cropY1=24&cropY2=822","isHappeningNowArticle":true,"date":"23 hours ago","uri":"https://www.forbes.com/sites/alisondurkee/2024/03/08/trump-posts-916-million-bond-in-e-jean-carroll-case-as-he-appeals/"}},"id":"cm9f7ba67ld400"},{"textContent":"

+1 day ago

Trump Condemns Potential TikTok Ban—Despite Pushing For Ban During His Presidency","scope":{"topStory":{"index":19,"title":"Trump Condemns Potential TikTok Ban—Despite Pushing For Ban During His Presidency","image":"https://specials-images.forbesimg.com/imageserve/65eb227d09063ab1792f4e6d/290x0.jpg?cropX1=0&cropX2=2052&cropY1=17&cropY2=1172","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/caileygleeson/2024/03/08/trump-condemns-potential-tiktok-ban-despite-pushing-for-ban-during-his-presidency/"}},"id":"7ahjcd66i3p400"},{"textContent":"

+1 day ago

Unemployment Rate Spikes To 2-Year High","scope":{"topStory":{"index":20,"title":"Unemployment Rate Spikes To 2-Year High","image":"https://specials-images.forbesimg.com/imageserve/65eb0f5d1b55ce50453ac634/290x0.jpg?cropX1=0&cropX2=2558&cropY1=0&cropY2=1437","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/dereksaul/2024/03/08/unemployment-rate-spikes-to-2-year-high/"}},"id":"k45nhh5ko2g00"},{"textContent":"

+1 day ago

Here Are All The Legal Bills Trump Has Faced Since Last Year—Surpassing $540 Million","scope":{"topStory":{"index":21,"title":"Here Are All The Legal Bills Trump Has Faced Since Last Year—Surpassing $540 Million","image":"https://specials-images.forbesimg.com/imageserve/65eb0938ae72fb0b481afffa/290x0.jpg?cropX1=0&cropX2=2887&cropY1=0&cropY2=1625","isHappeningNowArticle":true,"date":"+1 day ago","uri":"https://www.forbes.com/sites/alisondurkee/2024/03/08/here-are-all-the-legal-bills-trump-has-faced-since-last-year-surpassing-540-million/"}},"id":"ce4dpj664k8g00"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

Ex-Coinbase Manager, Two Others Indicted In Alleged $1.1 Million Crypto Insider Trading Scheme (2024)

FAQs

Ex-Coinbase Manager, Two Others Indicted In Alleged $1.1 Million Crypto Insider Trading Scheme? ›

U.S. Attorney Damian Williams charged Ishan Wahi, a former product manager at Coinbase , his brother, Nikhil Wahi, and a friend, Sameer Ramani, with wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets.

What is the Coinbase crypto scandal? ›

The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.

Which former Coinbase employee admits to insider trading? ›

Wahi is the first insider to admit guilt in an insider trading case involving the cryptocurrency markets. Whether it occurs in the equity markets or the crypto markets, stealing confidential business information for your own personal profit or the profit of others is a serious federal crime.

Why is Coinbase under investigation? ›

The SEC sued Coinbase in June, saying the firm facilitated trading of at least 13 crypto tokens, including Solana, Cardano and Polygon, which it said should have been registered as securities.

What is the SEC case against Coinbase? ›

The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase. A judge ruled that the SEC's claim that the cryptocurrency exchange engaged in unregistered sales of securities could be heard by a jury at trial.

Top Articles
Latest Posts
Article information

Author: Laurine Ryan

Last Updated:

Views: 6107

Rating: 4.7 / 5 (77 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.