In The Press June 15, 2022

What the “NFT Indictment” Tells Us About The Trading of Digital Assets (BlockTribune)

Insider Trading. Digital assets. On June 1, 2022, the United States Attorney’s Office for the Southern District of New York and the Federal Bureau of Investigation unsealed an Indictment charging former OpenSea employee Nathaniel Chastain with wire fraud and money laundering in connection with an alleged insider trading scheme in non-fungible tokens, marking what appears to be the Department of Justice’s first pursuit of an insider trading scheme concerning digital assets. Goodwin Digital Currency and Blockchain Technology partner Grant Fondo and associates David Gardy Ermann, Yoona Lee, Frank DelPesce, and Ahmed Abdelhamid explain more in this byline article. Read the BlockTribune article here.