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Fortune
Fortune
Marco Quiroz-Gutierrez

Former Coinbase employee who nearly fled the U.S. for India asks for lighter sentence after changing plea from 'not guilty' to 'guilty'

(Credit: Mark Wilson—Getty Images)

A former product manager at U.S.-based crypto exchange Coinbase is asking for less prison time ahead of his May 10 sentencing date.

Ishan Wahi was indicted along with his brother, Nikhil Wahi, and a friend, Sameer Ramani, by federal prosecutors for what the Department of Justice labeled the first cryptocurrency insider trading tipping scheme.

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