DOJ Drops OpenSea NFT Fraud Case After Appeals Court Overturns Conviction
The U.S. Department of Justice (DOJ) has dropped the NFT fraud case against Nathaniel Chastain, a former OpenSea manager, after an appeals court overturned his conviction due to flawed jury instructions. The decision highlights the legal complexities in the NFT industry.
US prosecutors abandon OpenSea insider trading case
The U.S. Justice Department drops insider trading charges against former OpenSea manager Nathaniel Chastain, highlighting the complexities in regulating the crypto and NFT markets.