Your Resource for Government on Crypto
10.23.2023
SEC Asks Judge for Default Judgment Against Sameer Ramani
The SEC asked US District Judge Tana Lin to enter a default judgment against Sameer Ramani, an alleged participant in the first insider trading case involving cryptocurrency markets to be charged by the Justice Department. DOJ alleges that Sameer Ramani was part of an effort to secretly engage in profitable trades around public announcements by Coinbase that it would be listing certain crypto assets on Coinbase’s exchanges.