Former Coinbase (NASDAQ:) product supervisor Ishan Wahi and his brother Nikhil Wahi have agreed to settle insider buying and selling prices filed by the U.S. Securities and Trade Fee (SEC). introduced The SEC introduced on Could 30 that It has been submitted Movement for Closing Judgment in america District Courtroom for the Western District of Washington.

The brothers had been accused of utilizing their data of “at the very least” 9 cryptocurrencies to be listed on Coinbase sooner or later to purchase them earlier than itemizing. The SEC filed a lawsuit towards them on July 21, 2022. The authorities at the moment are demanding the reversal of ill-gotten features with curiosity.

Learn extra on Cointelegraph