A U.S. judge sentenced a former product manager at OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), to three months in prison on Tuesday for buying NFTs he knew would soon be featured on the site's home page. Nathaniel Chastain, 33, was convicted of fraud and money laundering in federal court in Manhattan in May for what prosecutors called the first insider trading case involving digital assets. Prosecutors had called for between 21 and 27 months in prison for Chastain, comparing the case to one against Ishan Wahi, a former Coinbase Global Inc product manager sentenced to two years in prison for purchasing certain cryptocurrencies before they were listed on the exchange.
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