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Former OpenSea Manager Convicted of Insider Trading, Sentenced to 3 Months in Prison


Former head of product at the NFT marketplace OpenSea, Nathaniel Chastain, has been sentenced to three months in jail for insider trading. Chastain was found guilty of buying non-fungible tokens (NFTs) before they were featured on OpenSea’s home page and selling them at higher prices later on. Despite arguing that the NFTs were not securities



Source by moonlamboblog

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