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Fortune
Fortune
Marco Quiroz-Gutierrez

This Week in the Metaverse: A former OpenSea employee is convicted, but a different court case could shed more light on the future of NFTs

Crypto illustration (Credit: Photo Illustration by Fortune)

Welcome to This Week in the Metaverse (now published Saturdays), where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips.

The first “insider trading” case dealing with NFTs finally wrapped up this week. After two days of deliberations, former OpenSea product manager Nate Chastain was convicted on two counts—one of wire fraud, one of money laundering.

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