NFT Insider Trading Charges Brought Against Former OpenSea Worker

Discussion in 'Crypto Assets' started by ph1l, Jun 1, 2022.

  1. ph1l

    ph1l

    The Sea might not be so Open after all.
    https://www.barrons.com/articles/nft-insider-trading-opensea-51654115285?siteid=yhoof2
    upload_2022-6-1_16-4-54.png
     
  2. He only did what they are all doing.

    Why pick on this one guy

    No justice, no fleece
     
    athlonmank8 likes this.
  3. How come Pelosi gets away with it?
     
  4. TheDawn

    TheDawn

    Technically it's Pelosi's husband. He got away with it because he is the husband of a high-ranking politician, pretty much the second lieutenant of the Dem. party.
     
  5. savoir

    savoir

    It’s a bad look for OpenSea. There’s big money, VC’s, behind these marketplaces.

    Can’t let an employee go rogue and get away with it even if scamming is normalized in the crypto space.

    There’s even a cute euphemism for ripping people off—“rug pull.” Everywhere else it’s called fraud.
     
    NoahA likes this.
  6. > Technically it's Pelosi's husband.

    Well technically, isn't he out-performing Buffett, Munger, and Dalio? The guy should be running a hedge fund and charging 20% MER.

    Shit... Soros needs to bring him in for an interview.
     
    Nobert and NoahA like this.
  7. Nobert

    Nobert

    There was this thread about ,,7 Stocks That Soros Is Looking To Buy" or smthn & now he's into NFT's.
    (Smiles)
     
  8. Pekelo

    Pekelo

    It is literally legal for members of Congress.

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    Anyhow, it was an insider trading charge, not a fraud charge. So running a kwonzi is still OK.