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Earlier this month, the U.S. Attorney’s Office in the
Southern District of New York announced insider trading charges against a
former employee of OpenSea related to the trading of NFTs. This is
the first time that insider trading charges have been brought based
on any digital asset. In this video, Jeffrey Alberts, co-chair of
Pryor Cashman’s FinTech Group, discusses the nature of these
criminal charges, how they differ from criminal charges that are
based on the insider trading of securities, and what this means for
companies and individuals that trade digital assets.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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