Tag: NFT insider trading

Ledger has a message for NFT haters: Eventually you’ll be dead
4Nov By adminNo Comments
Technology

Ledger has a message for NFT haters: Eventually you’ll be dead

[ad_1] The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you’ll be dead. The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you'll be dead. Ian Rogers says that the concept of nonfungible tokens makes sense to a younger generation – those who spend hours glued to screens, live online, and attended school virtually at the height of the pandemic. “It's not a foreign concept,” he told us in the most recent episode of “Crypto IRL.” Emily Yang, the artist known as pplpleasr, sees NFTs as a reflection of society and that they will be collectibles the way vinyl albums once were. NFT skeptics, though, urge caution. John Reed Stark, a former SEC enforcement attorne...
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Former NFT Marketplace Worker Must Face Insider Trading Charges
25Oct By adminNo Comments
Technology

Former NFT Marketplace Worker Must Face Insider Trading Charges

[ad_1] A former employee of OpenSea, the world’s largest NFT marketplace, lost a bid to dismiss insider trading charges. A former employee of OpenSea, the world's largest NFT marketplace, lost a bid to dismiss insider trading charges in the first such case involving digital assets. Nathaniel Chastain, a former product manager at OpenSea, was arrested in June on wire fraud and money-laundering charges. He was responsible for selecting NFTs that were to be featured on OpenSea's homepage between June and September 2021, according to the government. While the company kept the information confidential, Chastain secretly bought dozens of NFTs shortly before they were featured, selling them later for two to five times more than he paid, prosecutors said. Chastain had asked US District...
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