Wall Street

U.S. charges ex-Coinbase manager in first crypto insider trading case

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Reuters

By Luc Cohen and Hannah Lang NEW YORK (Reuters) -A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, U.S. prosecutors in Manhattan said on Thursday. Ishan Wahi, the product manager at the cryptocurrency exchange, and his brother Nikhil Wahi were arrested on Thursday in Seattle, and expected to appear in federal court there later in the day. They and a third defendant, their friend Sameer Ramani, also face related U.S. Securities and Exchange Commission civil charges. Ramani is at large. Prosecu…

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