Ex-Coinbase manager’s brother sentenced to 10 months in insider trading case

Ex-Coinbase manager’s brother sentenced to 10 months in insider trading case

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Nikhil Wahi, the brother of a inclined Coinbase (NASDAQ:COIN) product manager, has been sentenced to 10 months in jail for wire fraud conspiracy costs in what's believed to be the first insider trading case titillating cryptocurrency.

As reported by Reuters, Nikhil Wahi pleaded responsible in September to initiating trades essentially based on confidential data acquired from his brother, Ishan Wahi, who used to be a inclined Coinbase product manager.

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