The SEC has shown willingness to settle charges against Ishan Vakhi, who is a former Coinbase manager. We are talking about the dissemination of insider data.
So, according to the court, the parties were able to come to an agreement.
Additionally, there is a discussion of the settlement of the same charges to Nikhil Vakhi, who is the brother of the former manager. The latter was accused of violating confidentiality requirements, as he told his brother about insider information. At the same time, it was noted that the final consideration will be postponed to June 2023. This will allow you to complete all processes.
