U.S. Court rules on crypto assets as securities in Coinbase insider trading case

A U.S. court has ruled that trading certain cryptocurrency assets on secondary markets, such as Coinbase, qualifies as securities transactions. This decision emerged from an insider trading case involving former Coinbase product manager Ishan Wahi, his brother Nikhil Wahi, and their associate Sameer Ramani. According to the court’s judgment, the crypto assets in question meet…