Former Coinbase (NASDAQ:) chief product officer Ishan Wahi and his brother Nikhil Wahi have agreed to settle insider buying and selling fees introduced towards them by the U.S. Securities and Change Fee (SEC), the company announcement Might 30. The SEC has deposit a movement for remaining judgment within the U.S. District Court docket for the Western District of Washington.
The brothers have been accused of utilizing information of “no less than” 9 crypto property that will be listed on Coinbase sooner or later to purchase them earlier than itemizing. The SEC filed go well with towards them on July 21, 2022. This company is now demanding restitution of the ill-gotten positive aspects with curiosity.
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