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Ex-OpenSea employee receives prison sentence for NFT insider trading

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engadget.com/ex-opensea-employee-receives-prison-sentence-for-nft-insider-trading-153628983.html

Former OpenSea employee Nathanial Chastain has been sentenced to three months in prison over an NFT (non-fungible token) insider trading scheme. Chastain, who was found guilty of wire fraud and money laundering, used "confidential information about which NFTs were going to be featured on OpenSea’s homepage for his personal financial gain," according to the US Attorney's…

This story from engadget.com was posted on 2023-08-23 by @seabree.

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