OpenSea Verdict Backs DOJ Digital Asset Insider Trading View

Gunnar Larson g at xny.io
Tue Jul 18 03:41:05 PDT 2023


OpenSea Verdict Backs DOJ Digital Asset Insider Trading View

The recent conviction of a former OpenSea manager in New York federal court
confirms, for the first time, that the U.S. Department of Justice can
prosecute insider trading activity involving digital assets under the
traditional fraud statutes, irrespective of how an asset is legally
classified, say attorneys at BakerHostetler.

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https://www.law360.com/fintech/articles/1699581?nl_pk=bd316618-088c-4274-abbf-01c54bb1b1b8&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2023-07-18&read_main=1&nlsidx=0&nlaidx=9
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