Zero Edge Founder Richard Kim Arrested for Misappropriating Investor Funds for Gambling
Richard Kim, founder of Zero Edge, was arrested for misappropriating investor funds for gambling. According to an indictment filed by the FBI in the Southern District of New York on Tuesday, Kim allegedly tricked investors into investing in his cryptocurrency technology company Zero Edge through fraudulent means, and then misappropriated millions of dollars of investment funds for gambling. He has currently posted a $250,000 bail. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ai16z Founder Shaw Bought 6.7 Million FARM2 Tokens 2 Hours Ago
Data: Whale James Wynn Releases Account Data: Total Profit of $50 Million, Maximum Drawdown Reaches 84.34%
Governments and Sovereign Wealth Funds Increase Bitcoin ETF Investments, De-dollarization as the Main Driving Factor
RootData: OP to Unlock Tokens Worth Approximately $24.2 Million in One Week
Trending news
MoreCrypto prices
More
