Former OpenSea employee arrested for insider trading: DOJ "CHASTAIN was arrested this morning in New York, New York and will be presented today in the United States District Court for the Southern District of New York." wow
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I spoke with a bunch of lawyers about Chastain's insider NFT buys and most agreed that since OpenSea is not a broker-dealer, and NFTs are not securities, he likely did not break the letter of the law. Excited to dig into the DOJ's case. https://www.theblockcrypto.com/news%20/117789/undefined&utm_medium=organic&utm_source=paywall&utm_campaign=post_id:117789&utm_term= …pic.twitter.com/9f3vwXAaEI
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Replying to @fintechfrank
We are witnessing new legal ground being broken
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