Former OpenSea product manager, Nathaniel Chastain, has been sentenced by a U.S. federal judge to a three-month prison term. This comes following his involvement in wire fraud and money laundering related to insider trading activities on the NFT platform. The United States Department of Justice released the announcement on August 22. U.S. Attorney Damian Williams detailed that Chastain would not only serve prison time but would also face three months of home confinement. Following this, he would be under supervised release for three years. Additionally, Chastain has been slapped with a...
source: https://tokenpost.com/OpenSea-Insider-Trading-Scandal-Sees-Former-Manager-Jailed-for-Three-Months-10560
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