Spain's CNMV Fines Gerard Piqué €200,000 for Insider Trading

Spain's National Securities Market Commission (CNMV) has fined former Barcelona defender Gerard Piqué €200,000 for insider trading, according to BeInCrypto. The charge relates to Piqué's purchase of 104,166 shares in Aspy Global Services on January 20, 2021, following a tip from businessman Francisco José Elías Navarro about a forthcoming bid by Atrys Health. Atrys announced its €223 million tender offer six days later, boosting Aspy's stock by approximately 20%. Piqué sold his shares on January 27, earning an estimated €50,000 profit. Elías was also fined €100,000 for unlawful disclosure. Both have the right to appeal.