Former OpenSea senior employee arrested, charged with NFT insider trading

New York man charged in first insider trading case involving NFTs

Former employee of world's largest NFT marketplace used confidential information to cash in, prosecutors allege.

DOJ case against ex-OpenSea exec could label NFTs as securities, former SEC lawyer says – TechCrunch

The case could determine whether NFTs are indeed securities — and if that label really matters for the future of the digital assets.

NFT Market Sees First Insider Trading Case In US

NFT market sees first insider trading case in US

DOJ Charges Former OpenSea Exec With NFT Insider Trading

Former OpenSea staffer Nate Chastain was charged on June 1 with wire fraud and money laundering after trading on confidential information about which NFTs were about to be featured on OpenSea. It's the first DOJ has pursued an "insider trading" charge involving digital assets. "The Hash" panel discusses whether Chastain is guilty and the case's impact on regulations and law enforcement on crypto.

OpenSea's head of product faces 40 years for NFT insider trading

Nathaniel Chastain (31), a former product manager at OpenSea, the largest online NFT market, was arrested and charged with insider trading. The Department of Justice described his alleged offense a…

The first-ever NFT insider trading charge has been brought by the Justice Department against a former OpenSea employee

Shortly after the NFTs were featured on the site, the employee sold them at profits of two to three times his purchase price, according to the DOJ.