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- An ex-Coinbase employee pleaded guilty to 2 counts of wire fraud, the first case of its kind.
- Ishan Wahi co-ordinated with his brother and another accomplice to preempt new listings on Coinbase.
- The group made about $1.5 million in profit from 14 Coinbase announcements, per prosecutors.
An ex-Coinbase employee has pleaded guilty in the first-ever insider trading trial linked to cryptocurrencies, weeks after his brother was sentenced in the same case.