Ex-OpenSea Employee Accused of Profiting from NFT Insider Trading

A former employee of OpenSea, the popular non-fungible token (NFT) marketplace, has been accused of making illicit profits from insider trading of NFTs, according to prosecutors.

• 2023-05-02
• NFT Insider Trading OpenSea

First-Ever NFT Insider-Trading Case Heads to Trial

A former OpenSea employee is accused of using confidential information to buy digital tokens before they were featured by the company.

• 2023-04-24
• Nathaniel Chastain OpenSea federal prosecutors confidential information insider trading Damian Williams Chastain Justice Department digital tokens

Ex-OpenSea manager's trial kicks off in first NFT insider trading case

U.S. prosecutors will square off this week against a former employee of OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), whom they accuse of insider trading. The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the Manhattan U.S. Attorney's office last year. It is considered the first criminal insider trading case involving such assets.

• 2023-04-24
• insider trading OpenSea Nathaniel Chastain confidential information digital assets Manhattan U.S. Attorney

NFT Marketplaces Sales, Users Drop to Lows Not Seen Since 2021, Dune Data Shows

According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in daily users and sales.

• 2023-04-21
• NFT OpenSea marketplaces SeaLaunch

Judge Says DOJ Can Call OpenSea NFT Case 'Insider Trading', Sets Trial Date

“Chastain’s arguments about use of the term 'insider trading' are moot," the judge wrote in a memo filed yesterday.

• 2023-04-20
• Nathaniel Chastain OpenSea insider trading Jesse M. Furman Chastain digital assets

Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What's Next

Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, platform fees and creating long-term value for users.

• 2023-03-03
• NFT Blur OpenSea market share royalties

This Week on Crypto Twitter: NFT Community Wants Creator Royalties Back

Plus several people tweeted their concern that upstart NFT marketplace Blur is currently dominated by a handful of pro traders.

• 2023-02-27
• Avenged Sevenfold M Shadows Federal Reserve NFT Galois Capital FTX Eleanor Terrett OpenSea

Blur Advises NFT Creators to Block OpenSea in Royalties Battle

Riding high on the success of its BLUR token airdrop, the marketplace announced a provocative policy change.

• 2023-02-16
• NFT OpenSea Blur