SNEAK PEEK<ul><li>Former OpenSea product manager Nathaniel Chastain is preparing his case while he awaits a response to his application to dismiss the wire fraud allegations brought against him.</li><li>Chastain was accused of front-running by reportedly acquiring NFTs that he knew would be listed on OpenSea’s homepage, according to the Justice Department.</li><li>Now, Chastain is claiming that the FBI violated his rights prior to his arrest, attempting to subpoena his former employer, and attempting to have the word “insider trading” excluded from the case altogether.</li></ul>According to recent court documents, Nathaniel Chastain, the <a href="https://www.todaynftnews.com/former-opensea-employee-charged-for-committing-insider-trading-in-nfts/" rel="noopener noreferrer nofollow">former OpenSea product manager accused</a> of fraud for allegedly forerunning the posting of various <a href="https://www.todaynftnews.com/what-is-an-nft-non-fungible-token-explained/" rel="noopener noreferrer nofollow">non-fungible tokens</a> to prominent positions in the marketplace, is making three fresh efforts in his defense.Chastain is attempting to have the word “insider trading” removed from the case and wants to subpoena his former company,<a href="https://www.todaynftnews.com/a-deep-dive-into-the-opensea-marketplace/" rel="noopener noreferrer nofollow"> OpenSea</a>. He also alleges that the search of his residence by the Federal Bureau of Investigation violated his rights under the fourth and fifth amendments.In order to determine whether the data Chastain is alleged to have utilized to make a profit is considered “property” of OpenSea, Chastain asks the court to issue a subpoena to OpenSea. According to the wire fraud allegation, Chastain deceived his company by allegedly using the confidential data on which NFTs would be displayed on the homepage.&#x1f449; <a href="https://www.todaynftnews.com/opensea-employee-accused-of-fraud-is-building-his-defence/" rel="noopener noreferrer nofollow">Continue Reading on Today NFT News</a>

OpenSea employee accused of fraud is building his defence

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