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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: April 11, 2023

Written by FinCrimeApril 11, 2023

Member of insider-trading scheme agrees to pay Coinbase $470k in restitution

Reported by BEN WEISS Nikhil Wahi, a 27-year-old crypto trader whose brother worked for Coinbase, has agreed to pay $469,525.50 to the publicly traded cryptocurrency exchange for his role in an insider-trading scheme. The court filing, which was signed April 6, was made public Monday. In September, Wahi agreed to a plea deal with the Department […]

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