Chicago Crypto Trader Kim Embezzles $2 Million Worth Of Funds

A trader at Consolidated Trading LLC faces allegations of wire fraud in the amount of $2 million. Joseph Kim, 24, is accused of embezzling funds in both Litecoin and Bitcoin from his employer’s coffers. The case is something of a landmark in that it is the first criminal prosecution to involve the cryptocurrency trading industry. Kim was charged on Thursday and is scheduled to appear in court today. Bringing the case is the US Attorney for Chicago, John Lausch.
Consolidated added a digital