Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme

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n nn nn The U.S. Commodity Futures Trading Commission CFTC issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. The same day, a District Court in the Northern District of Illinois sentenced Kim to 15 months on wire fraud charges.Misappropriating Employer's FundsAccording to the release, Kim had misap

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