Stephen Purchaser, a former US Congressman, has been sentenced to 22 months in jail for insider buying and selling utilizing data gained from his post-Congress consultancy. The client made virtually $350,000 in insider buying and selling, together with information of T-Cellular’s $26.5 billion merger with Dash Corp. in 2018. Following Purchaser’s conviction and sentence, consideration has turned to different high-profile people, together with Nancy Pelosi, over potential insider buying and selling misdemeanors. He additionally bought thousands and thousands of {dollars} price of Nvidia inventory the day earlier than a multibillion-dollar invoice handed that aimed to spice up US chip manufacturing.