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☆ 5 Tony-Nominated Broadway Shows, 5 Stagecraft Secrets
▼ + stars: | 2023-05-10 | by ( Michael Paulson | ) www.nytimes.com time to read: +1 min

The wordless preshow — a big Hollywood star silently spinning — was born of an impulse. An early readthrough in Chastain’s apartment planted the seed of the idea: She did the reading from her armchair, prompting a transfixed Lloyd to suggest she consider performing the play that way. “I wanted it to feel like I’ve been sitting there for years,” she said, “and haven’t fully woken up to the possibilities.”And why does she rotate? Lloyd said that concept was central to the show’s design. “It’s a very political play — that’s why it’s endured — but it’s also very psychological, about someone spiraling out of control,” he said.

☆ Ex-OpenSea Worker Found Guilty in First NFT Insider-Trading Case
▼ + stars: | 2023-05-04 | by ( James Fanelli | ) www.wsj.com time to read: 1 min

The home page of NFT marketplace OpenSea. Photo: Ariel Zambelich/The Wall Street JournalA former employee of NFT marketplace OpenSea was found guilty Wednesday of what federal prosecutors described as the first insider-trading case involving digital tokens, marking a win for the Justice Department in its push to police the crypto industry. A federal jury in New York convicted Nathaniel Chastain of wire fraud and money laundering for using nonpublic information from his employer to trade on nonfungible tokens in 2021. The Manhattan U.S. attorney’s office charged Mr. Chastain in 2022, accusing him of purchasing the NFTs ahead of OpenSea’s featuring them on its home page. Once the NFTs spiked in value after being featured, Mr. Chastain sold them, pocketing tens of thousands of dollars in profit, prosecutors said.

The case could have broader implications for assets that do not fit in to existing regulations preventing investment advisers, brokers and others from trading on material nonpublic information, legal experts have said. "You can't hold Nate to a standard that didn't exist," his lawyer Daniel Filor told jurors in his closing argument on Monday. "Nobody told Nate that he couldn't use or share that information." Prosecutor Allison Nichols said Chastain used anonymous OpenSea accounts to make the illegal trades, showing he knew what he was doing was wrong. "He hid what he was doing," Nichols told the jury in her rebuttal argument.

Companies Ozone Networks Inc FollowNEW YORK, May 1 (Reuters) - A former employee of OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), used inside knowledge of which assets would be featured on its homepage to make "free money," a prosecutor said on Monday as an insider trading trial wound to a close. Prosecutors have called it the first criminal insider trading case involving such assets. Prosecutor Thomas Burnett said in his closing argument that Chastain chose which NFTs to feature, and then profited illegally by selling his tokens shortly thereafter. They have said that his actions were not insider trading, and that the information he accessed was not OpenSea's property and had no inherent value to the company. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

☆ 43-year-old used her life savings to open a bar that only plays women's sports—it brought in almost $1 million in 8 months
▼ + stars: | 2023-04-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

When Jenny Nguyen signed the lease to create her dream bar, she wasn't sure it would stay open for more than a few months. Aptly named The Sports Bra, it's a sports bar where only women athletes appear on the TVs. The Sports Bra brought in $944,000 in revenue in the eight months it was open in 2022, according to documents reviewed by CNBC Make It. "Me, personally, I thought the idea was brilliant and that [it was] what the world needs," Nguyen says. "The very first thing that came into my mind was The Sports Bra," Nguyen says.

☆ First-Ever NFT Insider-Trading Case Heads to Trial
▼ + stars: | 2023-04-24 | by ( James Fanelli | ) www.wsj.com time to read: 1 min

OpenSea is the largest online marketplace of nonfungible tokens. Photo: Ariel Zambelich/The Wall Street JournalThe first-ever trial involving alleged insider trading of digital tokens kicks off in a New York federal court Monday, a test of how the Justice Department applies age-old laws to a new and lightly regulated industry. The defendant, Nathaniel Chastain , is a former employee of OpenSea, the largest online marketplace of nonfungible tokens, and his case turns on whether he used confidential information to purchase NFTs ahead of the company featuring them on its home page.

It is considered the first criminal insider trading case involving such assets. "He abused that position of trust," prosecutors said in an April 4 filing. He added that if prosecutors mention insider trading, "there is a substantial danger of undue prejudice and confusion of the jury." "Is it insider trading of anything?" "If this case sticks, there is precedent that insider trading theory can be applied to any asset class."

☆ Women's soccer expands into the Bay Area with a new team and record investment
▼ + stars: | 2023-04-04 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

"Sixth Street has the incredible know-how, experience and bandwidth to devote to the league," NWSL Commissioner Jessica Berman told CNBC. Waxman, a former Goldman Sachs executive, founded Sixth Street in 2009, and the firm currently has more than $65 billion in assets under management. This is the company's first foray into women's sports, following investments in Spanish soccer teams Real Madrid and FC Barcelona and the NBA's San Antonio Spurs. The four former national team players will be represented on the board and will work alongside Sixth Street in setting the team's strategic direction, he said. Sandberg will partner with the club to create leadership programs that empower women and girls in underserved Bay Area communities.

☆ Factbox: Winners at the 29th Screen Actors Guild Awards
▼ + stars: | 2023-02-27 | by ( Danielle Broadway | ) www.reuters.com time to read: +1 min

[1/10] Chris Perfetti, Lisa Ann Walter, Quinta Brunson, Janelle James, Sheryl Lee Ralph, Tyler James Williams and William Stanford Davis accept the Outstanding Performance by an Ensemble in a Comedy Series award for "Abbott Elementary" during the 29th Screen Actors Guild Awards at the Fairmont Century Plaza Hotel in Los Angeles, California, U.S., February 26, 2023. REUTERS/Mario AnzuoniLOS ANGELES, Feb 26 (Reuters) - These are the key winners of the 29th Screen Actors Guild (SAG) Awards for the best performances in film and television in 2022, handed out at a streamed ceremony on Sunday:BEST MOVIE CAST"Everything Everywhere All At Once"BEST MALE ACTOR, MOVIEBrendan Fraser, "The Whale"BEST FEMALE ACTOR, MOVIEMichelle Yeoh, "Everything Everywhere All At Once"BEST FEMALE SUPPORTING ACTOR, MOVIEJamie Lee Curtis, “Everything Everywhere All at Once”BEST MALE SUPPORTING ACTOR, MOVIEKe Huy Quan, "Everything Everywhere All At Once"BEST FEMALE ACTOR, TV MOVIE OR LIMITED SERIESJessica Chastain, “George and Tammy”BEST MALE ACTOR, TV MOVIE OR LIMITED SERIESSam Elliot, “1883”BEST FEMALE ACTOR, TV DRAMAJennifer Coolidge, “The White Lotus”BEST MALE ACTOR, TV DRAMAJason Bateman, “Ozark”BEST FEMALE ACTOR, TV COMEDYJean Smart, “Hacks”BEST MALE ACTOR, TV COMEDYJeremy Allen White, “The Bear”BEST TV DRAMA ENSEMBLE“The White Lotus”BEST TV COMEDY ENSEMBLE“Abbott Elementary”Reporting by Danielle Broadway; Editing by Mary Milliken and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ 3 tips on negotiating from Oscar-winner Octavia Spencer: 'I always get a raise'
▼ + stars: | 2023-01-18 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +4 min

Oscar-winner Octavia Spencer recently discussed her pay negotiation tactics in an interview. Spencer has been a vocal advocate of equal pay for women of color in Hollywood. Her perspective has remained straightforward on the topic: "Women and women of color have always lagged. While acknowledging that some negotiating is always necessary because, "Nobody's going to offer you what you're worth," she said, "I'm also not that negotiator who's going to go back and forth. If you can't come up to my price, there are so many other people that you can go to who probably will accept what you're offering.

☆ Factbox: Golden Globe awards: Full list of nominees
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +7 min

[1/5] Butler poses backstage after receiving the Breakthrough Performance Award at the 34th Annual Palm Springs International Film Festival Awards gala in Palm Springs, California, U.S., January 5, 2023. REUTERS/Mario AnzuoniJan 10 (Reuters) - Hollywood gathers on Tuesday for the 2023 Golden Globes, the first major awards show of the season. After diversity and ethics scandals at the Globes organizer - the Hollywood Foreign Press Association - NBC declined to air the ceremony in 2022, but will broadcast the show this year for its 80th anniversary. The following is the full list of nominees:MOVIESBEST PICTURE-DRAMA“Avatar: The Way of Water”“Elvis”“The Fabelmans”“Tar”“Top Gun: Maverick”BEST PICTURE-MUSICAL OR COMEDY"Babylon"“The Banshees of Inisherin”“Everything Everywhere All at Once”“Glass Onion: A Knives Out Mystery”“Triangle of Sadness”BEST ANIMATED FILM“Guillermo del Toro's Pinocchio”“Inu-Oh”“Marcel the Shell with Shoes On”“Puss in Boots: The Last Wish”“Turning Red”BEST PICTURE-NON-ENGLISH LANGUAGE“All Quiet on the Western Front" (Germany)“Argentina, 1985" (Argentina)“Close" (Belgium)“Decision to Leave" (South Korea)“RRR" (India)BEST ACTRESS, DRAMACate Blanchett, "Tar"Olivia Colman, “Empire of Light”Viola Davis, "The Woman King”Ana de Armas, "Blonde”Michelle Williams, "The Fabelmans”BEST ACTOR, DRAMAAustin Butler, “Elvis”Brendan Fraser, “The Whale”Hugh Jackman, “The Son”Bill Nighy, “Living”Jeremy Pope, “The Inspection”BEST ACTRESS, MUSICAL OR COMEDYLesley Manville, "Mrs. Harris Goes to Paris"Margot Robbie, “Babylon”Anya Taylor-Joy, “The Menu”Emma Thompson, “Good Luck to You, Leo Grande”Michelle Yeoh, “Everything Everywhere All at Once”BEST ACTOR, MUSICAL OR COMEDYDiego Calva, “Babylon”Daniel Craig, “Glass Onion: A Knives Out Mystery”Adam Driver, “White Noise”Colin Farrell, “The Banshees of Inisherin”Ralph Fiennes, “The Menu”BEST SUPPORTING ACTRESSAngela Bassett, “Black Panther: Wakanda Forever”Kerry Condon, “The Banshees of Inisherin”Jamie Lee Curtis, “Everything Everywhere All at Once”Dolly De Leon, “Triangle of Sadness”Carey Mulligan, “She Said”BEST SUPPORTING ACTORBrendan Gleeson, “The Banshees of Inisherin”Barry Keoghan, “The Banshees of Inisherin”Brad Pitt, “Babylon”Ke Huy Quan, “Everything Everywhere All at Once”Eddie Redmayne, “The Good Nurse”BEST DIRECTORJames Cameron, “Avatar: The Way of Water”Daniel Kwan and Daniel Scheinert, “Everything Everywhere All at Once”Baz Luhrmann, “Elvis”Martin McDonagh, “The Banshees of Inisherin”Steven Spielberg, “The Fabelmans”BEST SCREENPLAY“The Banshees of Inisherin,” Martin McDonagh“Everything Everywhere All at Once,” Daniel Kwan, Daniel Scheinert“The Fabelmans,” Steven Spielberg, Tony Kushner“Tar,” Todd Field“Women Talking,” Sarah PolleyBEST ORIGINAL SCORE“Babylon,” Justin Hurwitz“The Banshees of Inisherin,” Carter Burwell“The Fabelmans,” John Williams“Guillermo del Toro's Pinocchio,” Alexandre Desplat“Women Talking,” Hildur GuðnadóttirBEST ORIGINAL SONG“Lift Me Up” by Tems, Ludwig Göransson, Rihanna and Ryan Coogler (“Black Panther: Wakanda Forever”)“Ciao Papa” by Alexandre Desplat, Roeban Katz, Guillermo del Toro (“Guillermo del Toro's Pinocchio”)“Naatu Naatu” by Kala Bhairava, M.M. Keeravani, Rahul Sipligunj (“RRR")“Hold My Hand” by Lady Gaga, BloodPop, Benjamin Rice (“Top Gun: Maverick”)“Carolina” by Taylor Swift (“Where the Crawdads Sing”)TELEVISIONBEST DRAMA SERIES“Better Call Saul” (AMC)“The Crown” (Netflix)“House of the Dragon” (HBO Max)“Ozark” (Netflix)“Severance” (Apple TV+)BEST MUSICAL OR COMEDY SERIES“Abbott Elementary” (ABC)“The Bear” (FX)“Hacks” (HBO Max)“Only Murders in the Building” (Hulu)“Wednesday” (Netflix)BEST LIMITED SERIES, ANTHOLOGY SERIES OR TV MOVIE“Black Bird” (Apple TV+)“Dahmer - Monster: The Jeffrey Dahmer Story” (Netflix)“The Dropout” (Hulu)“Pam and Tommy” (Hulu)“The White Lotus” (HBO Max)BEST ACTRESS, DRAMAEmma D'Arcy, “House of the Dragon”Laura Linney, "Ozark”Imelda Staunton, “The Crown”Hilary Swank, “Alaska Daily”Zendaya, “Euphoria”BEST ACTOR, DRAMAJeff Bridges, “The Old Man”Kevin Costner, “Yellowstone”Diego Luna, “Andor”Bob Odenkirk, “Better Call Saul”Adam Scott, “Severance”BEST ACTRESS, MUSICAL OR COMEDYQuinta Brunson, “Abbott Elementary”Kaley Cuoco, “The Flight Attendant”Selena Gomez, “Only Murders in the Building”Jenna Ortega, “Wednesday”Jean Smart, “Hacks”BEST ACTOR, MUSICAL OR COMEDYDonald Glover, “Atlanta”Bill Hader, “Barry”Steve Martin, “Only Murders in the Building”Martin Short, “Only Murders in the Building”Jeremy Allen White, “The Bear”BEST SUPPORTING ACTRESS, MUSICAL, COMEDY OR DRAMAElizabeth Debicki, “The Crown”Hannah Einbinder, “Hacks”Julia Garner, “Ozark”Janelle James, “Abbott Elementary”Sheryl Lee Ralph, “Abbott Elementary”BEST SUPPORTING ACTOR, MUSICAL, COMEDY or DRAMAJohn Lithgow, “The Old Man”Jonathan Pryce, “The Crown”John Turturro, “Severance”Tyler James Williams, “Abbott Elementary”Henry Winkler, “Barry”BEST ACTRESS, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEJessica Chastain, “George and Tammy”Julia Garner

☆ Analysis: Bankman-Fried fraud charges sidestep debate over how U.S. law sees crypto
▼ + stars: | 2023-01-09 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +5 min

"It's a pretty simple deception," said Shane Stansbury, a professor at Duke University School of Law and former Manhattan federal prosecutor. The debate matters to cryptocurrency companies because it could determine which agency regulates the trading of digital assets. Both have pleaded not guilty and argued the charges should be dismissed because insider trading charges must involve securities or commodities. In bringing wire fraud charges in both cases, prosecutors avoided taking a position on how cryptocurrencies or NFTs should be classified. It is unlikely Bankman-Fried's lawyers will attempt a similar argument because the wire fraud charges are more straightforward, Kasten said.

☆ How Jessica Chastain Channeled the ‘Wail’ of Tammy Wynette
▼ + stars: | 2022-12-27 | by ( John Jurgensen | ) www.wsj.com time to read: 1 min

To play Tammy Wynette, Jessica Chastain spent years studying her life and recordings, and searched for a way to perform the country music legend’s songs. “No one else can sing like her,” Ms. Chastain said, “but I’m an actor. In the same way she could tell a story through a song, that’s how I’m going to try and approach it.”

☆ Golden Globe Awards 2023: See the full list of nominees
▼ + stars: | 2022-12-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

CNN —The nominees for the 80th Golden Globe Awards were announced on Monday. Mayan Lopez and Selenis Leyva, two of the stars from “Lopez vs. Lopez,” announced the range of film and television nominees as selected by members of the Hollywood Foreign Press Association (HFPA). Favored Oscars contender “The Banshees of Inisherin” led the film categories, with nominations including best musical or comedy film. It stars Colin Farrell and Brendan Gleeson. The ceremony, which was not broadcast last January over controversy surrounding the HFPA, will return to NBC on Jan. 10.

☆ ‘The Whale’ Review: Brendan Fraser for Best Actor? Fat Chance
▼ + stars: | 2022-12-09 | by ( Kyle Smith | ) www.wsj.com time to read: +1 min

If any movie released this season can be counted upon to reduce your pizza consumption, it’s “The Whale,” in which the title figure is an unfortunate 600-pound writing instructor brought to the edge of death by his own eating habits. He consumes candy by the bag and chicken by the bucket. He is on first-name terms with his pizza-delivery guy. And he’s portrayed by Brendan Fraser , whose triumphant comeback this film is meant to be, in a bid for one of those acting Oscars that really should go to the makeup and prosthetics department. Lots of screen time is spent on voyeuristic fascination with how Charlie manages; he has a handle over his bed to allow him to pull up and out of it, and he takes his shirt off so we can see the sores on his back.

Dec 6 (Reuters) - An Oklahoma man was charged with four counts of murder in the killing and dismemberment of four men he believed were stealing from his salvage yard, according to court documents. Joseph Lloyd Kennedy, 67, was charged in Okmulgee County court on Monday. Kennedy was already on probation for shooting a man in 2012 who he believed was stealing from his salvage yard. Okmulgee County district attorney Carol Iski, who announced the charges against Kennedy on Monday, was asked by reporters whether the men were stealing from Kennedy's salvage yard. She replied that it would not matter as "we don't have a death penalty in Oklahoma for stealing."

☆ Man allegedly confessed to slayings of 4 Oklahoma bicyclists, court records show
▼ + stars: | 2022-12-02 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

A man arrested in connection with the slayings of four Oklahoma bicyclists’ allegedly told a friend that he killed and dismembered them because "they were stealing from him," court documents show. From left, Alex Stevens, Mark Chastain, Billy Chastain, and Mike Sparks. Court documents state that Kennedy parked his Chrysler PT Cruiser across the street from the scrap yard around 3 p.m. on Oct. 9, before the killings. Kennedy allegedly traveled back and forth from the scrap yard several times. Bloodied items belonging to Mark Chastain were also found in the vacant lot, the document says.

☆ 'George & Tammy' review: Jessica Chastain and Michael Shannon stand by an oft-told musical tale
▼ + stars: | 2022-12-02 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Chastain continues to carve out an inordinately unique niche of standout performances playing women named Tammy, although “Tammy Faye” embodied a different realm of high-profile personalities. That is, of course, an oft-told tale, a la “Sid and Nancy” or Ike & Tina Turner in “What’s Love Got to Do With It,” among past dramatizations within different musical genres. Understandably, stars are invariably drawn to these kind of showy roles, with “Bohemian Rhapsody,” “Rocketman” and “Elvis” among the recent examples. Thanks to Chastain and Shannon (who admirably pull off their own singing), “George & Tammy” provides a warts-and-all window into Wynette and Jones’ lives. “George & Tammy” premieres December 4 at 9 p.m.

☆ Dozens of times drought, ice melt, and storm surge unearthed unusual and unsettling discoveries this year
▼ + stars: | 2022-11-26 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +7 min

Among the unearthed finds are old sites, ancient artifacts, rare fossils, and even human remains. This summer, low water levels created an eerie boat graveyard of previously sunken ships and beached boats, the Associated Press reported. The manmade reservoir's plummeting water levels also revealed human remains on at least six occasions since May, The Guardian reported. In Spain's Vilanova de Sau in the Catalonia region, plummeting water levels in a reservoir exposed a 11th century Romanesque church, the Associated Press reported. Switzerland's melting glaciers revealed the remains of a 1968 plane in August.

☆ Paris workers disrupt Galeries Lafayette Christmas tree-lighting ceremony
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

PARIS, Nov 16 (Reuters) - Protesting workers demanding higher salaries disrupted a Christmas tree-lighting ceremony under the historic dome of the Paris department store Galeries Lafayette on Wednesday. “Not happy! Not happy,” protesters chanted, waving union flags and tooting horns as store director Alexandre Liot tried to address journalists. Marc Correas, a salesman in the women’s shoe department, said workers were protesting for higher salaries. Reporting by Mimosa Spencer; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Hurricane Nicole may have unearthed a Native American burial site dating back hundreds of years on a Florida beach, authorities said. Six skulls and other smaller bones turned up on Chastain Beach on South Hutchinson Island, said Martin County Sheriff’s Office Chief Deputy John Budensiek. The bones of Native Americans were discovered in the area after Hurricane Sandy in 2012 and Hurricane Dorian in 2019. If the site is a Native American burial site, it is federally protected, and criminal charges will be pursued against anyone who tries to disturb the area, Budensiek said. ET on the east coast of the Florida Peninsula on North Hutchinson Island with sustained winds estimated to be around 75 mph, the National Hurricane Center said.

☆ How to watch and what to expect at the CMA Awards
▼ + stars: | 2022-11-09 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

(CNN) Hosts Luke Bryan and Peyton Manning will present the 56th Annual Country Music Association Awards, known as the CMA's, live from Nashville, Tennessee on ABC on Wednesday night. Other performers slated to take the CMA stage include Kelly Clarkson, HARDY, Marcus King, Jimmie Allen, Kelsea Ballerini, Carly Pearce and the Zac Brown Band, according to the association's initial lineup announced in October. Not far behind with five nominations apiece are McBryde, Pearce, Chris Stapleton and Shane McAnally. PresentersThere's no shortage of celebrities set to take the stage to hand out the awards. Where to watchThe CMA Awards will air on Wednesday, November 9 on ABC at 8 p.m. ET/5 p.m. PT.

☆ Before 'Succession,' Jeremy Strong spent years watching close friends like Jessica Chastain land starring roles while crashing in his grandpa's basement: 'I'd be lying if I said it wasn't difficult'
▼ + stars: | 2022-11-07 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +3 min

Jeremy Strong is the award-winning actor who plays Kendall Roy in HBO's 'Succession.' In an interview with The Times, Strong opened up about why he never gave up on acting. Now at age 43, Strong has had a successful turn as Kendall Roy on "Succession," earning him an Emmy — but his success was hard-won. In a recent interview with The Times, Strong said that in 2010, he was struggling to find work in LA. "I'd be lying if I said it wasn't difficult to see people I was close to getting work," Strong told The Times.

☆ One of Wall Street's most exclusive clubs is about to add a few more members
▼ + stars: | 2022-11-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

It's the most wonderful time of the year... for a select few at Goldman SachsIt's one of the most exclusive clubs on Wall Street, and it's ready to open its doors to an esteemed few. Goldman Sachs is preparing to announce its newest crop of partners in what is the closest thing Wall Street has to a coronation. But, as crazy as this might sound about a bunch of people on Wall Street, it's more than just another zero at the end of your paycheck. Under Solomon, the partnership class has been 69 (in 2018) and 60 (in 2020), down a reasonable amount from the class prior to when Solomon took over (84 in 2016). Here's some advice on how to manage work-life balance on Wall Street from a former rising star at Bank of America.

☆ NFT Prosecution Sparks Debate Over Insider-Trading Label for Digital-Token Cases
▼ + stars: | 2022-10-27 | by ( James Fanelli | Corinne Ramey | ) www.wsj.com time to read: 1 min

Insider trading typically evokes the idea of a well-connected investor using secret information to profit from stock trades. Now, a federal judge has allowed the Justice Department to use the same kind of narrative in a first-ever case about the trading of digital tokens—even though prosecutors didn’t bring traditional insider-trading charges. The use of insider-trading language emerged as a flashpoint in the New York case, which the Justice Department says is its maiden prosecution for insider trading of NFTs, or nonfungible tokens, which are digital proofs of purchase for goods such as art. Prosecutors allege a former employee of NFT marketplace OpenSea profited from nonpublic information by purchasing tokens that he knew would soon be featured on OpenSea’s home page. The defendant, Nathaniel Chastain, knew the tokens would rise in value after being showcased, prosecutors say.

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