Former Coinbase employee charged with crypto insider trading
CBS NewsNOV 2025
Fraud is fraud whether it happens on Wall Street or in cyberspace. US law enforcement authorities have demonstrated with this case that they are well equipped to pursue fraud even into the furthest reaches of the blockchain.
The criminal charges are getting all the press, but crypto industry insiders know that the real headline here is from the parallel civil suit filed by the SEC, which asserts that the crypto tokens in question were in fact "securities." That could be a signal that the SEC is set to crack down on crypto exchanges that traded in tokens.
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