Dnext

June 1, 2022 10:49pm

Could it be that NFTs were invented just to rip you off?

Former #OpenSea head of product charged with #NFT #insider #trading

source: https://www.bleepingcomputer.com/news/technology/former-opensea-head-of-product-charged-with-nft-insider-trading/

This is the first time someone was charged for their involvement in what the #DOJ describes as a “Digital Asset Insider Trading #Scheme.”

#justice #crime #internet #crypto #art #fail #finance #money #news #cybercrime

Former OpenSea head of product charged with NFT insider trading

Nathaniel Chastain, a former product manager at OpenSea, the largest online non-fungible token (NFT) marketplace, has been arrested and charged by the U.S. Department of Justice (DOJ) with NFT insider trading.