Former OpenSea executive Nate Chastain convicted in insider trading case

Former OpenSea former product manager Nate Chastain has been convicted of insider trading, Reuters said on May 3.

Chastain purchased non-fungible tokens (NFT) that he chose to feature on the OpenSea marketplace and sold those assets a short time later.

This allowed him to gain $50,000 in illegal products, according to the report.

More details to follow…

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