Brother of ex-Coinbase manager pleads guilty to insider trading charge
Tue, Sep 13, 2022 3:00 PM

Brother of ex-Coinbase manager pleads guilty to insider trading charge

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Nikhil Wahi, brother of former Coinbase product manager, pleaded guilty to a wire fraud conspiracy charge. He now faces a prison sentence between 10 to 16 months. "I knew that it was wrong to receive Coinbase's confidential information and make trades based on that confidential information," Nikhil Wahi told the judge. He & his friend allegedly generated $1.1 million in profits using the scheme.

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