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A 32-year-old former product manager at OpenSea has been found guilty of fraudulently purchasing non-fungible tokens he knew would sharply increase in value, in the first conviction for what prosecutors described as insider trading of digital assets.
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“He cheated, he stole, and he lied,” assistant US attorney Allison Nichols told jurors in closing arguments on Monday. “He saw a way to make some extra money, to capture some upside”.
https://www.ft.com/content/924de435-966a-4807-a71a-b7de27249bf3
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