This article looks at insider trading cases in the crypto community.

OpenSea made history in September 2021 when its product manager, Nate Chastain, allegedly traded NFTs using inside information. Chastain was found guilty of fraud and money laundering in May 2023.

BitMEX founders were found guilty of violating the Bank Secrecy Act in 2022. The firm is also accused of manipulating the market by gaining access to customer accounts.

Coinbase employees made $1.5 million using inside information in 2022. Ishan Wahi was sentenced to two years in prison in May 2023.

According to a report by Solidus Labs, 56% of ERC-20 tokens are insider trading. This calls into question the credibility of the crypto market.

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