Former Coinbase product manager Ishan Wahi pleads guilty in insider trading case

ChainCatcher news, according to Reuters, former Coinbase product manager Ishan Wahi has pleaded guilty in an insider trading case.

In July 2022, the U.S. Department of Justice stated that former Coinbase product manager ISHAN WAHI was charged with leaking listing information from Coinbase to his brother Nikhil Wahi and a friend. In September 2022, Nikhil Wahi pleaded guilty to insider trading charges during a virtual court hearing in the U.S. District Court, admitting that he traded based on Coinbase's confidential information, and was subsequently sentenced to 10 months in prison.