https://techcrunch.com/2023/05/30/sec-settles-with-former-coinbase-employee-over-insider-trading-charges/

The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday.

Ishan Wahi, the former Coinbase employee, and brother Nikhil Wahi, engaged in “a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities that would be made available for trading on the Coinbase platform,” the SEC stated.