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Ethereum vs. SEC: Implications of Wahis’ insider trading settlement on ETH

From fxstreet.com

Ethereum (ETH) is the subject of a new controversy, with the second-largest crypto finding itself in the rut after the United States Securities and Exchange Commission (SEC) settled its insider trading case against the Wahi brothers. Ethereum could become an issue for the SEC after the case settlement with the Wahis: Ethereum (ETH) and the SEC are now attached to the hip after the federal regulator settled with Ishan and Nikhil Wahi. As reported, the two defendants agreed that their actions violated Section 10(b) of the Securities Exchange Act, with Ishan facing two years in prison while his brother, Nikhil, will ... (full story)

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  • Category: Fundamental Analysis