SEATTLE (AP) — A former employee of the cryptocurrency exchange platform Coinbase and two others were charged by the U.S. Securities and Exchange Commission for alleged insider trading valued at more than $1.1 million, according to a lawsuit filed Thursday in U.S. District Court in Seattle.
Prosecutors said this is the first insider-trading case involving cryptocurrency markets, the Seattle Times reported.
“Fraud is fraud is fraud, whether it occurs on the blockchain or on…