A former Coinbase employee is one of three suspects being charged by the DOJ for “alleged involvement” in an insider trading scheme…

SEC Files Complaint Following Coinbase Inside Trading Case, 9 Altcoins Deemed Securities

“Today, the U.S. Department of Justice brought charges on three suspects for their alleged involvement in an inside trading scheme, one of the suspects was a former Coinbase employee. The case seems poised to have major implications for the crypto industry.

Following the announcement from the DoJ, the Securities and Exchange Commission (SEC) filed a complaint in the federal district court in Seattle, Washington, with charges against Ishan Wahi, Nikhil Wahi, and Sameer Ramani. The first of these individuals worked as a product manager at the exchange.”

https://bitcoinist.com/sec-complaint-coinbase-case-9-cryptos-securities/