Feds: 1st Cryptocurrency Insider Trading Case Snares 3

Feds: 1st Cryptocurrency Insider Trading Case Snares 3
The Bitcoin logo appears on the display screen of a cryptocurrency ATM in Salem, N.H., on Feb. 9, 2021. Charles Krupa/AP Photo
The Associated Press
Updated:
0:00

NEW YORK—A former Coinbase product manager and his brother, along with a Houston man, were charged Thursday in what federal authorities described as the U.S. government’s first cryptocurrency insider trading case.

The brothers—Ishan Wahi and Nikhil Wahi—were arrested while the Houston man, Sameer Ramani, remained at large, federal authorities said as they announced the unsealing of an indictment in a federal court in Manhattan.