How authorities could pursue ‘insider trading’ in crypto

Quick Take

  • Last week a grand jury indicted former OpenSea head of product Nate Chastain for actions related to an alleged insider trading scheme.
  • But Chastain wasn’t indicted for securities law violations, which are usually associated with insider trading.
  • If successful, the case could create a way for US regulators to police front-running in crypto regardless of whether implicated tokens are securities.

This feature story is available to
subscribers of The Block News Plus.
You can continue reading
this News Plus feature on The Block.