The Latest Breaking News from Nathaniel Chastain

Trial of former OpenSea product manager could broaden regulators' definition of 'insider trading'

The case could expand “insider trading” to include offenses outside financial markets as NFTs, at least for now, aren’t technically securities.

Fortune · Apr 24, 2023

OpenSea Confirms Data Breach, Warns Users Of 'Malicious Actors' And Phishing Attempts

NFT marketplace OpenSea has suffered a data breach. “If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said in a prepared statement. "We are working with Customer.io in their ongoing investigation, and we have reported this incident to law enforcement.”

Benzinga · Jun 30, 2022

OpenSea To Step Up Efforts in Preventing Scams and Thefts

Days after NFT trading platform OpenSea’s former executive was charged for insider trading of digital assets, the company’s co-founder and CEO Derin Finzer has committed to step up efforts in preventing thefts, scams, and IP infringements on the marketplace.

Benzinga · Jun 9, 2022