Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading
Nate Chastain, the ex-head of product at NFT platform OpenSea, has been sentenced to three months in prison for profiting tens of thousands of dollars through insider trading of assets showcased on the platform's homepag...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Chastain, formerly responsible for putting prominent NFTs on OpenSea, was found guilty of fraud and money laundering in May....
Read More: Former OpenSea Head of Product Receives 3-Month Prison Sentence for NFT Insider Trading
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Luno blocks crypto transfers for some users, leaving a late August cash-out deadline before monthly fees hit
Crypto platform Luno has stopped customers covered by its regional-exit notice from sending their crypto to another wallet or exch...
Marex Now Takes USDC as Margin: How Stablecoin Collateral Actually Works, and the Letter It All Rests On
A prop firm in Chicago just posted margin, and it wasn't dollars or Treasuries. Prime Trading delivered USDC to Marex as initial-m...
Robinhood Secures UK Crypto License, But Faces Stiff Competition
After a series of false starts that must have left British investors feeling somewhat jilted, Robinhood has finally secured the mu...
DEXs capture record 24% of spot crypto trading as CEX volumes sink
Spot exchange volume is on track to set a new 12-month low at $670 million, down from its annual high of $2.23 trillion.
Altcoins surpass 60% of Binance trading volume, CryptoQuant reports
The rise in altcoin trading on Binance suggests a potential shift in market dynamics, indicating broader investor interest beyond...
Crypto Card Volume Hits $748.7M in July, a Fifth Straight Monthly Gain: Paymentscan
Spending on crypto payment cards reached a record $748.7 million in July, the fifth consecutive monthly increase, according to onc...