Crypto Gets Its Very First Insider-Trading Indictment

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The world of NFTs notched a new milestone today: its first insider-trading indictment. KevinTDugan reports

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OpenSea is the world’s largest NFT marketplace. Illustration: Konstantin Sergeyev The world of NFTs, which exploded last year amid a pandemic-induced cryptomania, notched a fun new milestone today: its first insider-trading indictment.

The nature of the whole scheme is very particular to the world of crypto last summer. For those who have learned to tune out when anyone utters the word “blockchain,” NFTs are digital assets that can’t be copied endlessly, giving the holder rights of ownership — often to an original image or piece of art.

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