Senators Kirsten Gillibrand [D-NY] and Josh Hawley [R-MO] are endorsing the “Ban Stock Trading for Government Officials Act,” a recently proposed bill aimed at prohibiting stock trading by members of Congress, the president, vice president, senior executive branch officials, and their relatives. The proposed legislation ...Read More

The trial against ex-OpenSea product manager Nathaniel Chastain is set to begin later this week, nearly a year since he was arrested in New York City for wire fraud. Chastain’s arrest came on the tail-end of an FBI investigation into his non-fungible tokens (NFT) dealings, which alleged he had secretly ...Read More

The brother of a former Coinbase employee has agreed to pay the cryptocurrency exchange nearly $470,000 for his role in an insider trading scheme. According to a New York District Court filing signed on April 6 and made public on April 10, Nikhil Wahi — brother ...Read More

An equities trader at a large U.S. asset manager was criminally charged with using information about his employer’s trades to make tens of millions of dollars in an insider trading scheme, federal prosecutors in New York said on Wednesday. Equities trader Lawrence Billimek, 51, ...Read More