San Francisco office of Coinbase Inc., one of the most popular virtual currency trading platforms. Photo: Michael Short/Bloomberg Brother of Ex-Coinbase Employee Pleads Guilty to Wire Fraud Conspiracy
During his allocution, the defendant wrestled with the question of whether cryptocurrency assets are securities. Coinbase itself has vigorously advanced the position that they are not.
September 12, 2022 at 02:13 PM
3 minute read
Nikhil Wahi, the brother of a former employee at the cryptocurrency platform Coinbase who was accused of working with him to profit from confidential information about the company's crypto offerings, pleaded guilty Monday to one count of conspiracy to commit wire fraud.
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