Ishan Wahi, Ex-Coinbase Employee in Insider Trading Case, Looks to Limit Jail Term to 10 Months

Ishan Wahi, former product manager at crypto exchange Coinbase (COIN), has asked to have a sentence of no more than 10 months in jail for insider trading charges, his lawyers said in court filings made late Tuesday night.

Wahi has a sentencing hearing on May 9 in New York, after he pleaded guilty to one of the first ever insider trading case concerning crypto trading.

“The Defendant respectfully submits that a sentence of no more than 10 months incarceration, together with several other consequences of Ishan’s conviction, would impose a sufficient, but not excessive, punishment for the crimes of conviction,” said the filing.

Source: Ishan Wahi, Ex-Coinbase Employee in Insider Trading Case, Looks to Limit Jail Term to 10 Months