Nathaniel Chastain News

19.10 / 09:41

Law regulation Court Prosecutors argue 'insider trading' claim in the OpenSea case is accurate

United States prosecutors have opposed a motion by a former employee of nonfungible token (NFT) marketplace OpenSea to remove “insider trading” references from his charges.

07.09 / 07:19

NFT Opensea insider trading Time Convicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal

Nathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.

07.09 / 00:11

Digital SEC Platform Remark Inside Washington D.C. Attorney Faces SEC Insider Trading Charges

Romero Cabral da Costa Neto, a visiting attorney at a renowned global law firm, has been thrust into the spotlight following insider trading charges announced by the Securities and Exchange Commission (SEC). This incident, coupled with a recent case in the digital asset market, underscores the evolving challenges of insider trading in both traditional and modern financial landscapes.

30.08 / 20:05

Blockchain NFT SEC Trump Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

22.08 / 22:07

Law NFT regulation crimes Court Opensea Prison Fine OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform.

10.05 / 20:07

Binance NFT Metaverse Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9

In this week’s newsletter, learn about emerging technologies creating new ethics for humankind. Read about the nonfungible token (NFT) marketplace Binance NFTs adding support for Bitcoin Ordinals on its platform, and check out why Kenyan lawmakers are considering a tax on crypto and NFT transfers. In other news, former OpenSea manager Nathaniel Chastain was found guilty of insider trading in a federal court in New York, and don’t forget this week’s Nifty News, featuring Pudgy Penguins signing a deal with a major Hollywood agency.

04.05 / 09:13

NFTS Legal First NFT Insider-Trading Trial Results in Guilty Verdict for Ex-Opensea Manager

Former OpenSea product manager Nathaniel Chastain has been found guilty of wire fraud and money laundering in the first insider-trading trial involving non-fungible tokens (NFTs).

03.05 / 23:59

business NFT regulation Trading Fraud crimes Jury convicts former OpenSea manager in NFT-insider trading case

The former OpenSea manager who was accused of insider trading of NFTs has been convicted on May 3 of wire fraud and money laundering in a New York federal court, according to a report from Reuters.

25.04 / 12:23

NFT regulation SEC coinbase Opensea OpenSea 'insider trading' trial kicked off in New York district court

On Apr. 24 the Southern district court of New York held the first jury hearing on the case against former OpenSea product manager Nathaniel Chastain, who’s being accused of insider trading with nonfungible tokens (NFTs).

31.08 / 14:25

Digital Lawyers Lawyers battle over whether NFT insider trading is criminal

Insider trading in a company’s stock is illegal, but what about insider trading in digital art?

24.08 / 00:43

Blockchain FIVE Reuters Digital Luna Shoutout to all NFT holders- Here’s something you should know

The NFT market is set to face another big test as bearish headwinds continue to crash floor prices. The latest scrutiny will be confronted in a legal battle now.

22.08 / 23:09

Law regulation security Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

Lawyers representing Nathaniel Chastain, the former OpenSea product manager accused of insider trading, have claimed United States authorities only filed charges in an attempt to set a legal precedent that nonfungible tokens (NFTs) are securities.

03.06 / 03:17

regulation Trading SEC Department Of Justice Lawyer OpenSea ‘insider trading’ case see NFTs labeled securities: Former SEC lawyer

Former Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to non-fungible tokens being labeled as securities.

02.06 / 12:45

NFT Non-fungible tokens Legal 'NFTs May Be New, but This Criminal Scheme Isn't': Ex-OpenSea Head Arrested for NFT Insider Trading

Nathaniel Chastain, former Head of Product at OpenSea, the largest non-fungible token (NFT) marketplace, has been arrested and charged with wire fraud and money laundering in connection with insider trading in NFTs.

01.06 / 23:05

business Marketplace Court Former product manager at OpenSea charged with insider trading

On June 1, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain was a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the first case of its kind regarding digital assets and traditional criminal investigations.

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