Crypto Chaos: Dogecoin Investors Point Fingers At Elon Musk In Insider Trading Saga

Tesla Inc. CEO Elon Musk, the richest man in the world with a net worth of over $239 billion according to the Forbes Real-Time Billionaires List, has long been bullish on Dogecoin and has tweeted about his interest in the meme coin, driving its value significantly over the years. Dogecoin (DOGE) is frequently touted as the original meme coin, as it jumped more than 70% in value within 72 hours of launch. Since then, Musk has tweeted positively about the meme coin, causing DOGE's value to rise by

• 2023-07-29
• Elon Musk Dogecoin Insider Trading Investors

Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu

The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.

• 2023-06-02
• Elon Musk Twitter Dogecoin price side hustles Dogecoin insider trading Shiba Inu

Elon Musk is accused again of Dogecoin insider trading

Elon Musk is facing fresh accusations of insider trading in a lawsuit filed by cryptocurrency investors, who say the Tesla CEO and Twitter owner used his influence to manipulate the price of Dogecoin.

• 2023-06-02
• Elon Musk Dogecoin insider trading Twitter lawsuit filed fresh accusations cryptocurrency

Ex-Coinbase Manager Settles SEC’s Crypto Insider-Trading Claims

WASHINGTON—A former manager at Coinbase Global has reached a settlement with regulators over a novel cryptocurrency enforcement action without resolving a key question for the Securities and Exchange Commission and the crypto industry: which of the exchange’s digital assets are securities. Ishan Wahi’s deal with the SEC ends insider-trading claims over the agency’s claims that his trading tips involved crypto assets that are actually securities. While Wahi won’t pay any financial penalties

• 2023-05-31
• Ishan Wahi the SEC digital assets Nikhil Wahi insider trading SEC crypto assets criminal case federal securities laws Coinbase

Brothers Settle With SEC in Coinbase Crypto Insider Trading Case

The two Wahi brothers will not have to pay any more penalties after forfeiting crypto and $892,500 in cash.

• 2023-05-31
• Coinbase The SEC insider trading Ishan Wahi Nikhil Wahi brother Nikhil U.S. Securities and Exchange Commission Sameer Ramani civil charges

OpenSea Ex-Head of Product Convicted in NFT Insider Trading Case

It's the first criminal case of an insider trading scheme involving digital assets, says the DOJ.

• 2023-05-04
• OpenSea Nathaniel Chastain digital assets money laundering Damian Williams insider trading Chastain

Ex-OpenSea Worker Found Guilty in First NFT Insider-Trading Case

A former employee of NFT marketplace OpenSea was found guilty Wednesday of what federal prosecutors described as the first insider-trading case involving digital tokens, marking a win for the Justice Department in its push to police the crypto industry. A federal jury in New York convicted Nathaniel Chastain of wire fraud and money laundering for using nonpublic information from his employer to trade on nonfungible tokens in 2021. The Manhattan U.S. attorney’s office charged Mr. Chastain in 20

• 2023-05-04
• OpenSea Nathaniel Chastain NFT federal prosecutors insider trading Justice Department David Miller Chastain digital tokens

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

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