Insider Trading
Word of Trump Media Deal Is Said to Have Leaked Months in Advance
Months before former President Donald J. Trump’s social media company unveiled an agreement to raise hundreds of millions of dollars last fall, word of the deal leaked to an obscure Miami investment firm, whose executives began plotting ways to make money off the imminent transaction, according to people familiar with the discussions. The deal — […]
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Prosecutors Charge Former OpenSea Employee With Insider Trading
Manhattan prosecutors on Wednesday accused a former employee of OpenSea, an auction site for the digital goods known as nonfungible tokens, or NFTs, of insider trading. It is believed to be the first such case filed related to a cryptocurrency company. Nathaniel Chastain, a 31-year-old former product manager at OpenSea, is accused of using his […]
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Activision Says It Will Cooperate With Insider Trading Investigations
Activision Blizzard, the video game maker set to be sold to Microsoft for nearly $70 billion, said in a legal filing on Friday that it would cooperate with an investigation into whether some of the company’s investors engaged in insider trading before the deal’s announcement. The company said it had received a request for information […]
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