/Trader charged with defrauding company of $2M in city's 1st bitcoin prosecution

Trader charged with defrauding company of $2M in city's 1st bitcoin prosecution



A 24-year-old trader bilked his downtown employer out of $2 million dollars worth of bitcoin and Litecoin over a two-month period last year, according to federal prosecutors. Joseph Kim is the first person ever charged in Chicago with wire fraud stemming from the burgeoning cryptocurrency tradingĀ …

Source: Trader charged with defrauding company of M in city’s 1st bitcoin prosecution