NEW YORK (Reuters) -Jurors began deliberating on Monday in the trial of a former product manager at OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), for allegedly making trading decisions based on the tokens he featured on the company's homepage.
Federal prosecutors in Manhattan last year charged Nathaniel Chastain with netting more than $50,000 in illegal profits by buying NFTs shortly before he decided to showcase them on OpenSea's website, and then selling them once the assets rose in value shortly afterwards.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
