Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges

“We allege that Ishan and Nikhil Wahi, respectively, tipped and traded securities based on material nonpublic information, and thatโ€™s insider trading, pure and simple,” he said. “The federal securities laws do not exempt crypto asset securities from the prohibition against insider trading, nor does the SEC. I am grateful to the SEC staff for successfully working to resolve this matter.”