Former OpenSea Product Manager Nate Chastain Arrested by the FBI for Alleged NFT Insider Trading
1 year ago
Former OpenSea Product Manager
OpenSea Product Manager
NFT Insider Trading Scheme
alleged
arrested and charged
web3 entrepreneurs
Nate Chastain
FBI
Department of Justice
OpenSea
Michael J. Driscoll
Too often, insider trading is overlooked and subverted in markets such as with the stock market. Lucky for NFT traders, the crypto space can be a lot easier to prove when direct parties are responsible. Nate Chastain had to find this out the hard way.
This past Wednesday morning, the FBI arrested him in New York City and charged him with wire fraud and money laundering in connection with an NFT insider trading scheme.
Former OpenSea Product Manager,OpenSea Product Manager,NFT Insider Trading Scheme,alleged,arrested and charged,web3 entrepreneurs,Nate Chastain,FBI,Department of Justice,OpenSea,Michael J. Driscoll,U.S. Attorney Damian Williams,Gizmodo,cryptocurrency news platform,ethereum
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