{"id":1918526,"date":"2023-04-24T10:11:07","date_gmt":"2023-04-24T14:11:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-opensea-managers-trial-kicks-off-in-first-nft-insider-trading-case\/"},"modified":"2023-04-24T10:12:17","modified_gmt":"2023-04-24T14:12:17","slug":"ex-opensea-managers-trial-kicks-off-in-first-nft-insider-trading-case","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-opensea-managers-trial-kicks-off-in-first-nft-insider-trading-case\/","title":{"rendered":"Former OpenSea manager faces trial in groundbreaking NFT insider trading case. Get ready for the legal drama!"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fex-opensea-managers-trial-kicks-off-in-first-nft-insider-trading-case%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1918526&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>Get ready for the trial of the year! U.S. prosecutors are taking on a former OpenSea employee in a high-profile case involving insider trading of non-fungible tokens (NFTs). Nathaniel Chastain, a former product manager, is accused of secretly buying NFTs based on confidential information that the tokens would soon be featured on OpenSea\u2019s home page. He then profited illegally by selling his tokens shortly thereafter. This is the first criminal insider trading case involving digital assets, and it could have broader implications for assets that do not fit into existing regulations. The trial is expected to last one to two weeks, and we can&#8217;t wait to see how it unfolds.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">\n<script>  \t\t\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t\n<\/script>\n<\/div>\n<\/p>\n<p> (Reporting by Chris Prentice and Luc Cohen; Editing by Richard Chang)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/ex-opensea-managers-trial-kicks\/attachment\/illustration-picture-of-nft-marketplace-opensea\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>China&#8217;s secret police station in New York City has sparked fears that China is trying to censor its people worldwide. Stay tuned for updates on this developing story.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>A shocking whistleblower report has revealed that men who identify as women are being processed through the women&#8217;s prison system in Washington State and California. This is a major concern for women&#8217;s safety and rights.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Amidst all the wokeness in our country, it&#8217;s refreshing to see artists like Juna n Joey using their music to promote patriotism and anti-bullying. Join One America&#8217;s Monica Paige in this inspiring interview.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>It&#8217;s been a week filled with major headlines both in the U.S. and around the world. Catch up on all the latest news with One America&#8217;s Rachel Acenas in our Week in Review.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Bitcoin enthusiasts, get ready for some good news! Standard Chartered predicts that top cryptocurrency bitcoin could reach $100,000 by the end of 2024. Keep an eye on this exciting development.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Russian lender Sberbank has released technology called GigaChat as a rival to ChatGPT. This is a major move in the tech industry, and we&#8217;re excited to see how it plays out.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Japanese electric motor maker Nidec Corp has posted its first quarterly operating loss in a decade due to the impact of the pandemic. This is a reminder of the ongoing challenges faced by businesses around the world.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>The United States has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing continues to block semiconductor exports from Taiwan. This is a developing story that could have major implications for the tech industry.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Chris Prentice and Luc Cohen NEW YORK (Reuters) \u2013 U.S. prosecutors will square off this week against a former employee of OpenSea, the world\u2019s largest marketplace for non-fungible tokens (NFTs), whom they accuse of insider trading. The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile<\/p>\n","protected":false},"author":66,"featured_media":1918527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[5375,9792,17163,11362,4431,6020,8014,25042,5066,3855,4853],"class_list":["post-1918526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-case","tag-drama","tag-groundbreaking","tag-insider","tag-legal","tag-manager","tag-nft","tag-opensea","tag-ready","tag-trading","tag-trial"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1918526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1918526"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1918526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1918527"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1918526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1918526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1918526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}