Is Coinbase a 'first insider trading case' involving cryptocurrency?

NEW YORK (Reuters) - A former Coinbase Global Inc product manager pleaded guilty on Tuesday in what U.S. prosecutors have called the first insider trading case involving cryptocurrency, his defense lawyer said in a court hearing.

What is Coinbase accused of?

Let’s dig into what the company stands accused of since we are getting tons of inquiries of people looking to join the Coinbase class action lawsuit. The case ( Alfia vs Coinbase Global, Inc) was brought by McCathern LLP and is over Coinbase’s handling of customer balances. It is case number 3:21-cv-08689.

Who was convicted of insider trading?

Two included an employee of Roger’s consulting firm and her husband, who bought additional shares in the IRA accounts. Roger and the Two employees were convicted of insider trading. Blackwell received a six-year prison sentence and a fine of one million dollars.

Who was the man who plead guilty to bank fraud?

© Provided by Albany (GA) WALB Ricky Carter, 60, of Nashville, pleaded guilty to one count of bank fraud on Tuesday before U.S. District Judge Hugh Lawson. Ricky Carter, 60, of Nashville, pleaded guilty to one count of bank fraud on Tuesday before U.S. District Judge Hugh Lawson.