Posted in: Tattle, Technology

FBI sets sights on crypto economy with arrest of former OpenSea staffer

Ex-employee of the NFT marketplace, Nathaniel Chastain, charged with wire fraud and money laundering

An ex-employee of the leading non-fungible tokens (NFT) marketplace has been charged with wire fraud and money-laundering offences in a sign that US law enforcement will no longer turn a blind eye to the crypto economy.

Nathaniel Chastain left his job as a product manager at OpenSea, the largest marketplace for NFTs – the unique crypto assets used to denote ownership of items such as digital art – after being accused of insider trading.

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