Judge Jesse Furman. Photo: Rick Kopstein/ALM Former NFT Exchange Employee Sentenced to Three Months in Prison in First-of-Its-Kind Case
U.S. District Judge Jesse Furman said he saw a need for a sentence that amounted to "more than a slap on the wrist" in the case.
August 22, 2023 at 05:15 PM
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A former employee of the NFT exchange OpenSea was sentenced to three months in federal prison Tuesday after he was found guilty of wire fraud and money laundering in what the U.S. Attorney's Office for the Southern District of New York described as the first-ever prosecution in a "digital asset insider trading scheme."
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