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BTCC / BTCC Square / decryptCO /
Breaking: Ex-OpenSea Manager Wins Appeal in Landmark Crypto Insider Trading Case

Breaking: Ex-OpenSea Manager Wins Appeal in Landmark Crypto Insider Trading Case

Author:
decryptCO
Published:
2025-07-31 15:57:11
17
2

Former OpenSea Manager Has Conviction Overturned in First-Ever Crypto Insider Trading Case

In a stunning reversal, the first-ever crypto insider trading conviction gets tossed—proving even blockchain justice isn't immutable.

The case that rattled Web3

A former OpenSea product manager just outmaneuvered the SEC's attempt to set precedent, with an appeals court ruling the tokens in question weren't securities. Turns out 'insider trading' gets fuzzy when regulators can't decide what's being traded.

Wall Street bankers watching from their marble lobbies must be seething—crypto folks get appeals while they get subpoenas.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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