Coinbase has won almost $470,000 in restitution as part of an ongoing insider trading case, according to a report from the Wall Street Journal on April 10.
That report indicates that Nikhil Wahi, who allegedly received insider information from a brother that worked for Coinbase, will pay $469,525 to the company. The amount will cover Coinbase’s legal charges and expenses related to an investigation.
Judge Loretta Preska, who was responsible for the ruling, called Coinbase a “victim” of Wahi’s offenses during proceedings in Manhattan federal court.
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