Justice Department Costs OpenSea Manager With Insider NFT Buying And Selling


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“NFTs may be new, but any such criminal scheme is not,” mentioned Damian Williams, US legal professional for the Southern District of recent York. “As alleged, Nathaniel Chastain betrayed OpenSea by utilizing its confidential enterprise data to make cash for himself. Today’s fees display the dedication of this Workplace to stamping out insider buying and selling — whether or not it happens on the inventory market or the blockchain.”

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