|
Title: [2018-11-12] The CFTC Fined an American Trader $1 Million Post by: Dany44 on November 12, 2018, 03:47:29 PM The U.S. Commodity Futures Trading Commission sent a Bitcoin trader to prison and fined him more than $1 mln for a fraudulent Bitcoin and Litecoin trading scheme
Arizona resident Joseph Kim admitted to cheating investors out of hundreds of thousands of dollars after misappropriating more than $600 thousand of his previous employer’s money, according to a press release. In the period from September to November 2017, Kim got Bitcoins and Litecoin from his employer (https://cryptogeek.info/coins/litecoin), a trading company in Chicago, from their personal accounts, resulting in company losses amounting to $601 thousand. Read more (https://u.today/the-cftc-fined-an-american-trader-1-million) |