A judge in the Southern District of New York denied former OpenSea product chief Nathaniel Chastain's motion to dismiss the fraud charges, saying the defense's arguments were completely unfounded, The Block reported. Previously, Nathaniel Chastain, the former head of product at OpenSea, was accused of insider trading before filing a motion to dismiss in August, arguing that NFTs constitute neither securities nor commodities, and claiming that wire fraud charges alleging front-running need to be filed in those categories. trade. The next meeting in the case is scheduled for October 27 at 11 a.m. in New York.