Nate Chastain, the OpenSea employee who left the NFT marketplace following an insider trading scandal in September 2021, is now in the crosshairs of U.S. authorities.
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Chastain was charged Wednesday with wire fraud and money laundering in connection with trading on confidential information about which non-fungible tokens were to be offered on the OpenSea homepage, the Justice Department said in a press release.
Chastain, 31, is working on a new NFT project, CoinDesk reported in March.
This is a developing story and will be updated.