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 of Justice.

Lawyers for Nikhil did not immediately respond to a request for comment when contacted by Fortune. A spokesperson for the Justice Department also did not respond, and Coinbase declined to comment.

“There are real consequences to illegal insider trading, wherever and whenever it occurs,” U.S. attorney Damien Williams said in a statement after Nikhil was sentenced to 10 months in prison in January.

Nikhil’s restitution payment is the latest development in the fallout of an insider-trading scheme that has potentially industry-wide ramifications.

Read full report: https://fortune.com/crypto/2023/04/11/coinbase-insider-trading-member-470k-restitution-security-commodity-sec/amp/