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Thursday, August 8, 2024
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    HomeFinanceSEC settles case in opposition to Wahi brothers over Coinbase insider buying...

    SEC settles case in opposition to Wahi brothers over Coinbase insider buying and selling

    Former Coinbase (NASDAQ: ) Chief Product Officer Ishan Wahi and his brother Nikhil Wahi have agreed to settle insider buying and selling fees introduced in opposition to them by the US Securities and Change Fee (SEC). introduced Might 30 The SEC has filed movement for ultimate judgment within the U.S. District Court docket for the Western District of Washington.

    The brothers had been accused of utilizing their information of “no less than” 9 crypto property to be listed on Coinbase sooner or later to buy earlier than itemizing. in 2022 July 21 The SEC sued them. This company is now demanding the ill-gotten features with curiosity.

    Proceed studying Coin Telegraph.

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