Remedies included cease-and-desist, disgorgement of approximately $73k plus prejudgment interest, and a civil penalty of approximately $73k. SEC v. Wahi, Press Release 2023-98 (May 30, 2023) – In a settlement of a litigated matter, a former Coinbase product manager and his brother were charged with a form of insider trading, by trading before announcements that certain crypto asset securities would be made available for trading on the Coinbase platform. Charges under Exchange Act Section 10(b) and Rule 10b-5. The defendants consented to injunctive relief, and in a parallel criminal proceeding, they pleaded guilty to wire fraud charges, received prison sentences of 20 and 10 months, and were ordered to forfeit certain crypto assets and cash. (NSEU 23-07)