January 22, 2026
Federal prosecutors won't retry their fraud claims against the former OpenSea manager accused of insider trading on his employer's nonfungible token platform, walking away from the case after the Second Circuit overturned the conviction last July.
September 06, 2023
The former employee of non-fungible token marketplace OpenSea who was found guilty of wire fraud and money laundering said Wednesday he plans to serve his three-month sentence while he appeals his conviction.
September 01, 2023
The ex-employee of non-fungible token marketplace OpenSea who was convicted of wire fraud began the process on Friday of challenging his trial loss with a notice of appeal to the Second Circuit and a new veteran white collar attorney at his side.
August 22, 2023
A former manager at non-fungible token marketplace OpenSea was sentenced to three months in prison on Tuesday on his conviction at trial in what law enforcement officials called the first prosecution of a digital asset insider trading scheme.
August 16, 2023
Manhattan federal prosecutors have requested that a former employee of non-fungible token platform OpenSea be sentenced to up to 27 months in prison in a novel case alleging he used insider information to turn a profit, disputing his claim that he didn't know his actions were illegal.
August 09, 2023
The former project manager of non-fungible token platform OpenSea asked a New York federal judge for time served after a jury found him guilty of wire fraud and money laundering charges for using inside information to turn a profit.
May 09, 2023
The U.S. Department of Justice has notched two wins against illegal trading in cryptocurrency markets, creating what experts say is a legal playbook prosecutors will likely continue to draw on in similar cases.
May 03, 2023
A Manhattan federal jury found a former OpenSea manager guilty Wednesday of fraudulently taking $57,000 in secret profits by selling digital art that rose in value when featured on the homepage of the non-fungible token purveyor.
May 01, 2023
A Manhattan federal jury on Monday weighed the case against a former OpenSea manager who admits making a roughly $50,000 profit by secretly buying and selling non-fungible tokens that jumped in value when featured by his former employer but denies criminal intent.
April 26, 2023
An OpenSea founder told a Manhattan federal jury Wednesday that in his view, a former manager accused of illegally profiting from the startup's digital art sales violated a confidentiality agreement, but conceded being only vaguely aware of what the boilerplate form said.