The ex-manager of Opensea will spend three months in prison before considering his appeal – Bits Media

Lawyers, representing Nathaniel Chastein, informed the court, that the former Opensea manager recalls a petition for release and begins to serve sentences on time.

Nathaniel Chestaine (Nathaniel Chastain), Former head of the trade products department opensea sites, informed the court through lawyers about his intention to leave the sentence, While his appeal is under consideration. Recall, that in August the Federal Court of New York sentenced Chaustain to three months in prison for insider trade.

“Nathaniel Chestain decided to withdraw his petition for a bail in anticipation of an appeal, in accordance with the court order from 22 August 2023 year to make a sentence and a court decision in this case. Chastain will voluntarily surrender to 14:00 2 November 2023 of the year, to start serving a sentence, While his appeal is under consideration ", - said the lawyers.

Representatives of Chastein did not comment on the motives, by which their client refused to petition. However, his decision to leave imprisonment against the background of the ongoing appeal indicates the readiness to accept the consequences of his actions.

Earlier, the US prosecutor’s office accused citizen Morocco of theft $450 000. Among them were two collection tokens Bored Apes. The attacker stole NFT through the fake trading platform Opensea.