A federal decide has sentenced former OpenSea product supervisor Nathaniel Chastain to a few months in jail for wire fraud and cash laundering associated to insider buying and selling on the platform.
In an Aug. 22 announcement from the USA Division of Justice, U.S. Legal professional Damian Williams mentioned Chastain had been sentenced to a few months in jail, three months of residence confinement and three years of supervised launch along with being ordered to pay a $50,000 superb and forfeit ill-gotten Ether (ETH) from the nonfungible token (NFT) trades. Internal Metropolis Press reported he could be required to give up himself on Nov. 2, with Chastain’s attorneys planning to attraction the choice and request bail.
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