A former opensea exec is once again in the news because of the insider trading scandal
He used anonymous accounts in order to conduct hisChastain was reportedly asked to leave the company due to the damning allegations. The former executive was silent on the issue, and the controversy was quickly denied down.
Now, Chastain is once again on everyone’s lips after U.S. prosecutors brought their first NFT-related insider trading case against him. In a statement, FBI Assistant Director-in-Charge Michael J. Driscoll said that the federal law enforcement agency would continue “aggressively” pursuing bad actors who chose to manipulate the market.
Chastain is facing a maximum prison sentence of up to 20 years. He was arrested in Manhattan, New York, earlier today. Earlier this year, Chastain reportedly started working on a new NFT project despite being kicked out of OpenSea due to insider trading accusations.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Hudson Middle School, built in 1927, to be demolishedHudson City School Board of Education votes to demolish former middle school but plans to keep property in district's future.
Read more »
Former CPS CEO Paul Vallas Announces Run for Mayor, Says Chicago Faces a ‘Crisis of Leadership’Paul Vallas’ announcement emphasized his years of public service, which included stints as former Mayor Richard M. Daley’s budget director and schools’ chief.
Read more »
Enterprise State mourns the loss of former president Matt RodgersFormer Enterprise State president Matt Rodgers has passed away. Rodgers had battled colon cancer since 2021.
Read more »
Perspective | The estate sale of a former White House gardener holds some surprisesThe items collected by Irvin Williams include 13 historic tennis balls.
Read more »
Horizon Cannabis Replacing Former Lakewood Dispensary'Our tax rate is 19 percent, instead of the 26 percent you get hit with down the street in Denver. We're excited to be able to offer those customers what we think is a better deal.'
Read more »