Yes, crypto Twitter, the Southern District of New York is reading your tweets

Illustration by Grayson Blackmon / The Verge

It appears that a crypto Twitter user named Cobie influenced the FBI into bringing an insider trading case. The US Attorney’s Office for the Southern District of New York is bringing an indictment against a former Coinbase employee, who allegedly tipped his brother and his buddy about which assets were about to list on Coinbase — leading to $1.5 million in “realized and unrealized gains,” according to the indictment.

This is the first insider trading case involving cryptocurrency markets, says U.S. Attorney Damian Williams, in a statement.

Ishan Wahi, the Coinbase employee who was charged, was involved in listing new crypto assets on Coinbase’s exchange. When Coinbase announces that a...

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