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Former Coinbase manager and two others charged in crypto insider trading scheme

Coinbase slips more than 11% as bitcoin dives

Three people have been charged in the first-ever crypto insider trading tipping scheme,

the U.S. Attorney’s Office for the Southern District of New York and the Securities and Exchange Commission.

U.S. Attorney Damian Williams charged Ishan Wahi, a former product manager at Coinbase, his brother, Nikhil Wahi, and a friend, Sameer Ramani, with wire fraud conspiracy and wire fraud in connection with a scheme to commit insider…

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