2023-08-23
CoinDesk
12 related
A US judge sentences ex-OpenSea product head Nate Chastain to three months in prison for making ~$50K via insider trades, in the first NFT insider trading case
Chastain was found guilty on charges of buying and selling NFTs from collections he knew would later be featured on his former company's home page.
2022-06-02
CoinDesk
24 related
The DOJ charges ex-OpenSea head of product Nate Chastain with wire fraud and money laundering tied to a September 2021 NFT insider trading scheme, a DOJ first
Department of Justice officials say it's the first time they've pursued an “insider trading” charge in digital assets. Source: U.S. Department of Justice .
2021-09-17
The Verge
7 related
Nate Chastain, OpenSea's head of product accused this week of a form of NFT insider trading, appears to no longer be working for the company
Mitchell Clark / The Verge :
2021-09-16
The Block
20 related
NFT marketplace OpenSea acknowledges that its head of product, Nate Chastain, purchased NFTs he knew were going to be displayed prominently
On Wednesday the crypto marketplace … Will Feuer / New York Post : Mark Cuban-backed NFT marketplace admits insider trading incident Justina Lee / Bloomberg : Insider Scandal Shakes Up the Booming Wor...
2021-09-15
The Block
5 related
NFT marketplace OpenSea acknowledges that its head of product, Nate Chastain, purchased NFTs he knew were going to be displayed prominently
Quick Take — The marketplace has acknowledged that its head of product Nate Chastain purchased NFTs that he knew were going to be displayed prominently. Source: OpenSea Blog .
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