Former Coinbase Manager Receives 2-Year Prison Sentence for Insider Trading
TL;DR Summary
Former Coinbase product manager, Ishan Wahi, has been sentenced to two years in prison for insider trading after feeding his brother and another man insider information about upcoming crypto listings. The men made over $1 million trading on Wahi’s information. This is the second crypto-related insider trading case brought by the Department of Justice (DOJ). Wahi’s sentence is longer than his lawyers had hoped for, but considerably lower than the 60 year maximum sentence he faced.
- Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading CoinDesk
- Coinbase ex-manager sentenced to 2 years in prison in US insider trading case Reuters
- Ex-Coinbase Manager Gets 2 Years in Prison for Insider Trading Gizmodo
- Ex-Coinbase Manager Ishan Wahi Sentenced to 2 Years for Insider Trading Bloomberg
- Ex-Coinbase Worker Gets Two-Year Prison Term in First Cryptocurrency Insider-Trading Case The Wall Street Journal
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