Trader from Chicago stole $ 3 million in cryptocurrency

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Trader from Chicago stole $ 3 million in cryptocurrency

The FBI is investigating a criminal case against 24-year-old Joseph Kim, who works as an assistant trader in Consolidated Trading LLC. The young man is accused of having stolen from the company almost $ 3 million in cryptocurrency.

According to the FBI, Kim traded Consolidated’s bonds, and despite ordering to stop all personal trading outside of his immediate work, stole the company from cryptocurrency, transferring it to his personal purses. In total, about 284 biticoins were lost from the company’s accounts ($ 2.8 million at the current rate).

When he was charged with theft, Kim admitted that he had invested the company’s bitcoins in short positions to cover his personal losses. As it turned out later, he had debts on gambling. FBI officials note that Kim’s case was the first in Chicago concerning cryptotrading.

As representative of the Republican Party Jeff Vaninger noted, changes in the state’s tax law are aimed at making Arizona a comfortable place to live for users of new technologies. He also believes that in this way Arizona sends a signal to everyone in the US and the rest of the world that in the future the state will be open to blockchain and digital currencies.

“This means that the funds are being sent to the state, and after that it is the state that is responsible for the further conversion of the [cryptocurrency]”

  • bitcoinBitcoin$3,946.05
  • ethereumEthereum$137.42
  • rippleXRP$0.313436
  • tetherTether$1.00
  • eosEOS$3.75
  • stellarStellar$0.089669
  • litecoinLitecoin$57.73
  • cardanoCardano$0.046167
  • tronTRON$0.022528
  • moneroMonero$50.16
  • iotaIOTA$0.287872
  • nemNEM$0.047434
  • dashDash$81.18
  • neoNEO$9.01
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