Former Coinbase product manager Ishan Wahi has moved to dismiss the SEC’s insider trading charges. His lawyers have argued that the tokens allegedly traded by him and his accomplices are not securities. Ishan Wahi, the former Product Manager at Coinbase, accused of insider trading in July 2022, has moved to drop the charges filed against […]
His lawyers have argued that the tokens allegedly traded by him and his accomplices are not securities.
10 attorneys from five different law firms signed the 80-page motion. It stated that the charges brought by the securities watchdog were “wrong.” Allegedly, the definition of an “investment contract” did not fit the tokens traded by the Wahi brothers.
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