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Former OpenSea employee arrested for insider trading of NFTs | Crypto News

Former OpenSea employee arrested for insider trading of NFTs

The FBI has arrested Nate Chastain, former employee of OpenSea — the world's leading NFT marketplace — for insider trading.

Chastain would acquire NFTs before featuring them on the homepage. Disgraced former OpenSea product manager Nathaniel Chastain was arrested in New York City on Wednesday. In its statement, the Department of Justice called it the "first ever digital asset insider trading scheme."

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