2023-10-12 22:00 |
Both NFT Ethics and blockchain analytics account Lookonchain allege that the OpenSea exec played a key role in hyping the AnubisDAO project to investors. origin »
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OpenSea says it has “no awareness” of any involvement of its former executive in dubious business practices. OpenSea, a non-fungible token (NFT) marketplace where people can buy or sell digital collectibles, has once again become controversial after an X account…
2023-10-9 12:30 | |
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A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts.
2023-10-10 08:54 | |
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A former head of product at NFT marketplace giant OpenSea has been sentenced to prison and will forfeit the Ethereum (ETH) he gained from his insider trading activities. In May, Nathanial ‘Nate’ Chastain was convicted of fraud and money laundering.…
2023-8-23 13:08 | |
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The executive bought 45 NFTs during June-September 2021 using different anonymous wallets prior to sale. He then resold them for more than $50,000. A federal judge sentenced former OpenSea The post Former OpenSea exec sentenced to prison for insider trading appeared first on AMBCrypto.
2023-8-23 12:30 | |
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Former OpenSea product manager Nathaniel Chastain has been sentenced to three months in prison for exploiting his role for financial gain through insider trading of non-fungible tokens (NFTs). The post Ex-OpenSea Exec Jailed in Landmark NFT Insider Trading Case appeared first on BeInCrypto.
2023-8-23 04:50 | |
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Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters.
2023-5-4 00:15 | |
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Former OpenSea sea executive Nate Chastain has filed a motion asking a United States district court to dismiss insider trading charges levied against him because non-fungible tokens (NFTs) do not meet the requirements for wired fraud charges.
2022-8-23 14:50 | |
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A former executive of OpenSea, Nate Chastain, faces up to 20 years in jail after being charged with wire fraud, money laundering and his alleged use of privileged insider information to enrich himself during his time at the leading NFT marketplace.
2022-6-2 00:15 | |
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This marks the very first NFT insider trading case for U.S. authorities
2022-6-2 22:01 | |
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Two pitch decks seen by CoinDesk show that OpenSea’s former head of product, Nate Chastain, is building a platform to simplify the NFT discovery process.
2022-4-1 01:09 | |
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Rumors of insider trading at OpenSea, the industry’s largest NFT marketplace, seem to be true, the company confirmed in a statement earlier today. The post OpenSea exec Nate Chastain quits after allegedly trading NFTs on insider information appeared first on CryptoSlate.
2021-9-17 13:00 | |
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NFTs had a total sales volume of $8.8 billion in 2024, surpassing their record in 2023 by over $100 million.
OpenSea told Cointelegraph that the foundation in the Cayman Islands was a registered entity.
NFTs have started to recover, recording a monthly sales volume of $562 million in November.
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.
NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.
Game developer Square Enix announced the auction dates for NFTs of its upcoming blockchain game Symbiogenesis.
Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes.