Did Ishan Wahi contribute to Coinbase's public listing announcements?

The SEC’s complaint alleges that, while employed at Coinbase, Ishan Wahi helped to coordinate the platform’s public listing announcements that included what crypto assets or tokens would be made available for trading.

Who is Ishan Wahi?

Gabby Jones for The New York Times The case was part of a crackdown on an old-school financial crime in the crypto world. Ishan Wahi, who worked on Coinbase’s asset listings team, admitted to two counts of conspiracy to commit wire fraud. Gabby Jones for The New York Times

Who are Coinbase insider trading charges?

The Securities and Exchange Commission today announced insider trading charges against a former Coinbase product manager, his brother, and his friend for perpetrating a scheme to trade ahead of multiple announcements regarding certain crypto assets that would be made available for trading on the Coinbase platform.

How much money did Wahi make from a cryptocurrency trade?

The price of a cryptocurrency often increases when a major exchange like Coinbase announces plans to list it. In total, Mr. Wahi and the other two men were involved in trades that used information about 14 listings, generating about $1.5 million in illegal profits, according to prosecutors.